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Exxon Mobil Raises Annual Buyback to $50 Billion

Posted

December 8, 2022

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Exxon Mobil Corp. raised its annual share buyback by about 10%, six weeks after the oil giant posted its highest profit in its 152-year history. President Joe Biden has criticized big oil companies for raking in huge profits. Bloomberg's Kevin Crowley reports.

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Exxon Mobil Raises Annual Buyback to $50 Billion · Bloomberg Television · Sentinel