PSX · News · 20260805N

Capital Return Program

Phillips 66 · 2026-08-05 · Importance 58 · Surprise 42

Phillips 66 expanded its share-repurchase authorization by $10 billion, bringing the total authorization to $23 billion. The company returned $887 million to shareholders through dividends and stock repurchases during the second quarter of 2026. Phillips 66 also declared a quarterly dividend of $1.27 per share. Management plans to increase share repurchases during the second half of 2026 as net debt approaches its target.

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