Chevron surges on eye-catching buyback plan; raised dividend yield tops Exxon (NYSE:CVX)

Chevron Reports $8.3 Billion Loss For Second Quarter

Justin Sullivan/Getty Images News

Chevron (NYSE:CVX) +3.6% in early trading Thursday after unveiling plans to repurchase $75B of its shares and raising its quarterly dividend by 6%, moves that may bode well for the company’s upcoming Q4 results

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