Exxon Mobil Announces Share Buyback

Exxon investing — Fri, 09 Jul 2010 15:22:51 +0000

Exxon Mobil’s Board of Directors has announced a $3 billion share buyback program. This purchase of common shares will take place during this quarter. This amount represents just over 1 percent of all outstanding shares of XOM stock. The stock remains down nearly 15 percent for the year and management seems to think it makes sense to put some of its cash to use soaking up some outstanding shares. With a dividend over 3 percent, XOM seems like a really nice long term buy right here. That said, with inflation worries on the horizon, it may be less appealing to earn a dividend like that these days.

Exxon Mobile Stock Splits

Exxon investing — Wed, 27 May 2009 00:00:46 +0000

Many people ask about Exxon stock splits. Most assume that company has split several times, but this is not true. In fact, the company has only elected to split the stock three times. Once in 1987, 1997, and 2001. Each of these splits occured after the initial payment of dividends in 1987. Each of the splits was a 2 to 1 split. The initial dividend was just over 1 percent.

Exxon Mobil Stock » dividend

Exxon Mobil Announces Share Buyback

Exxon Mobile Stock Splits