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Chevron surges after hiking stock buyback plans to as much as $10B annually

Mar. 01, 2022 11:25 AM ETChevron Corporation (CVX)By: Carl Surran, SA News Editor36 Comments

Chevron Reports $8.3 Billion Loss For Second Quarter

Justin Sullivan/Getty Images News

Chevron (CVX +3.4%) tops the Dow Jones index and hits a new 52-week high after raising its stock buyback program to $5B-10B per year, up from previous plans for $3B-5B of annual repurchases.

At its

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