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Baker Hughes Incorporated Buyback

OLI recorded this information on 1/10/2014

Company: Baker Hughes Incorporated
Buyback: BHI buyback
Shares Announced Repurchased: 6300000
Buyback Details: During the fourth quarter Baker Hughes repurchased approximately 6.3 million shares of common stock, totaling $350 million.

Baker Hughes is a supplier of oilfield services, products, technology and systems used in the oil and natural gas industry. Co.'s oilfield products and services fall into one of two categories, Drilling and Evaluation or Completion and Production. Co.'s Drilling and Evaluation products and services include drilling services. Co.'s Completion and Production products and services include artificial lift. Co.'s oilfield operations are organized into four geographical operating segments: North America; Latin America; Europe/Africa/Russia Caspian; and Middle East/Asia Pacific. Co.'s Industrial Services consists of its downstream chemicals, and process and pipeline services businesses.
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Company Name: 
Baker Hughes Inc
Stock buyback: 
BHI buyback
Website: 
www.bakerhughes.com
Sector: 
Oil & Gas Equipment & Services
 

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Buy (2.75 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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