Golar LNG Announced It Approved Share Buyback Program Of Up To $150M; Reinstated Quarterly Dividend Of $0.25/Share
Portfolio Pulse from Charles Gross
Golar LNG (GLNG) has approved a share buyback program of up to $150 million and reinstated a quarterly dividend of $0.25 per share.
May 30, 2023 | 10:37 am
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POSITIVE IMPACT
Golar LNG's approval of a $150M share buyback program and reinstatement of a $0.25/Share quarterly dividend may positively impact its stock price.
The approval of a share buyback program and reinstatement of a quarterly dividend signal the company's confidence in its financial position and future prospects. This may attract investors and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100