Buybacks are no new ideas

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 Buybacks are no new ideas


This week, energy giant Chevron announced plans to buy back $75bn of its shares, five times the oil giant's current buyback plan, along with an increase in dividend payouts. A prevailing theme from our 2022 in 5 charts was how it was the year for stuff-that-comes-out-of-the-ground — with Chevron's oil and gas clearly no exception.

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