OLI recorded this information on 3/21/2014
Cameron (NYSE: CAM) today announced that its Board of Directors has approved an increase in the Company's share repurchase authorization by an additional $500 million. In addition, the Company reported it has repurchased 12.8 million shares so far in 2014, at a total cost of $780 million.
Cameron International provides flow equipment products, systems and services to oil and gas industries through four business segments. The Subsea segment delivers integrated solutions, technologies, products, systems and services to the subsea oil and gas market. The Surface segment designs and manufactures complete wellhead and Christmas tree systems for onshore and offshore topside applications. The Drilling segment is a supplier of integrated drilling systems for onshore and offshore applications. The Valves & Measurement segment includes businesses that provides valves and measurement systems primarily used to control, direct and measure the flow of oil and gas.
Open the CAM Page at The Online Investor »
Buy (2.75 out of 4)
(ranked higher than approx. 70% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite