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DewDiligence

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DewDiligence

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Re: DewDiligence post# 896

Tuesday, 02/28/2023 10:07:15 AM

Tuesday, February 28, 2023 10:07:15 AM

Post# of 948
CVX Investor Day items….

PR:
https://chevroncorp.gcs-web.com/static-files/4399ed17-c1bf-4dc7-a5d1-6e83d384ee35

CC slides with interspersed prepared remarks:
https://chevroncorp.gcs-web.com/static-files/991f1a75-8b8d-438a-be70-176be5f76446

The big news is that CVX plans $17.5B of share buybacks during the four quarters starting 2Q23 (the pre-existing buyback authorization ends 3/31/23)—and is guiding to $10-20B of annual buybacks thereafter.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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