EOG Resources sees major investor stakes rise, announces $5 billion buyback, and raises dividend.

Several major investors increased their stakes in EOG Resources in Q4, with notable boosts from Franklin Resources Inc., Fisher Asset Management LLC, and others. Institutional investors now hold 89.91% of EOG's stock. Analysts have maintained mostly neutral ratings, though KeyCorp upgraded its rating to "overweight." EOG also announced a $5 billion stock buyback plan and a quarterly dividend of $0.975 per share, payable on January 31 to shareholders of record on January 17.

2 months ago
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