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Anton Oilfield Revamps Dividend and Buyback Strategies

Anton Oilfield Revamps Dividend and Buyback Strategies

Anton Oilfield Services Group (HK:3337) has released an update.

Anton Oilfield Services Group has updated its dividend and share buyback policies to enhance shareholder value and align with its sustainable growth goals. The company plans to distribute cash dividends based on its net profit and considers special dividends for significant growth. Additionally, it may conduct share buybacks when its share price is significantly undervalued, using 5% to 10% of its free cash flow.

For further insights into HK:3337 stock, check out TipRanks’ Stock Analysis page.

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