Linde announces up to $10 billion share buyback, dividend raise
Reuters
Published Feb 28, 2022 18:46
Updated Feb 28, 2022 19:12
FRANKFURT (Reuters) - Linde,, the world's largest industrial gas company, on Monday announced a share buyback programme of up to $10 billion and a 10%-increase in its quarterly dividend to $1.17 apiece.
"In 2021, Linde again generated record cash flow," incoming Chief Executive Officer Sanjiv Lamba said. "Our capital allocation priorities are to maintain a strong balance sheet, invest in high-quality growth opportunities and continue our track record of paying and annually increasing the dividend.
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Written By: Reuters
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