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Murphy Oil (MUR) declares special dividend of $2.50/share. For shareholders of record Nov 16....

Murphy Oil (MUR) declares special dividend of $2.50/share. For shareholders of record Nov 16. Payable Dec 03. Ex-div date Nov 14. The company has approved to repurchase upto $1B shares. Shares +6.9% premarket. (PR)
Comments (1)
  • rjj1960
    , contributor
    Comments (1370) | Send Message
     
    The spineless CEO caves in...........Instead of the special dividend and share buy back, why not make an acquisition to grow the business.
    16 Oct 2012, 09:12 AM Reply Like
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