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> "Unless we have shareholders that come in and say, look, we absolutely — we do not like these big dividends. We do not like your share repurchase programme. W
by curiousgal 4y ago
> "Unless we have shareholders that come in and say, look, we absolutely — we do not like these big dividends. We do not like your share repurchase programme. We want you to go back to a growth model," Rick Muncrief, chief executive of Devon Energy, one of the shale patch’s biggest producers, told analysts. "Until we see that, I see no reason to change our strategy."
https://www.ft.com/content/137e38d3-c0e5-493b-9690-7c2fae36483f https://www.ft.com/content/137e38d3-c0e5-493b-9690-7c2fae364...