Continental Resources Announces A Quarterly Dividend And An Initial $1 Billion Share-Repurchase Program
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Continental Resources, Inc. (CLR)
Last continental resources, inc. earnings: 2/26 04:15 pm
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US:NYSE Investor Relations:
clr.com/investors
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Source: PR Newswire
OKLAHOMA CITY, June 3, 2019 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) ("Continental" or the "Company") today announced that its Board of Directors approved the initiation of a quarterly dividend of $0.05 per share ($0.20 per share annualized) on the Company's common stock and an initial $1 billion share-repurchase program. Continental maintains its 2019 guidance as announced on February 13, 2019, reaffirming the Company's commitment to its corporate objectives and a strong alignment with shareholders. Logo - http://photos.prnewswire.com/prnh/20120327/DA76602LOGO "Today marks another milestone in Continental's history as we initiate a total shareholder return strategy," said Harold Hamm, Chairman and Chief Executive Officer. "Our disciplined approach to balancing capital-efficient growth and reducing debt has enabled us to approve both an initial $0.20 per share annualized dividend and an initial $1 billion share-repurchase program. This demonstrates the confidence we hav
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