2023-07-26 16:59:43 ET
- TechnipFMC ( NYSE: FTI ) declares $0.05/share quarterly dividend .
- Payable Sept. 6; for shareholders of record Aug. 22; ex-div Aug. 21.
- See FTI Dividend Scorecard, Yield Chart, & Dividend Growth.
- The company's board has also authorized additional stock buyback of up to $400M.
- Together with the existing program, total share repurchase authorization has increased to $800M, of which $200M has been completed to date.
- “We are also announcing a new commitment to return more than 60% of our annual free cash flow to shareholders through at least 2025, which reflects our confidence in the long-term outlook for our company," TechnipFMC said.
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TechnipFMC declares $0.05 dividend, launches $400M additional stock buyback