Courtesy of Benzinga.
ConocoPhillips (NYSE: COP) today reported on the progress of its three-year strategic plan to improve returns and create value for its shareholders. The company also announced a 2012 capital program of $15.5 billion and a program to repurchase up to an additional $10 billion of the company’s common stock. The company additionally provided an update on its $15-20 billion asset divestiture program for 2010-2012.
For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.