Wednesday, August 05, 2015
Current Weather
Loading Current Weather....
Published: Friday, 9/27/2013

Marathon board OKs $2B share buyback

FINDLAY — Marathon Petroleum Corp. said Thursday that its board of directors had approved an additional $2 billion share repurchase program through September, 2015.

The board had authorized a repurchase program that had $1.34 billion remaining as of June 30.

“Our focus continues to be returning capital to our shareholders on a sustained basis while making value-enhancing investments in the business,” said Gary Heminger, the company's president and CEO.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories