SubscribeSign In

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/articles/baker-hughes-cfo-aims-to-boost-dividends-be-more-judicious-with-buybacks-8bfc8013

Baker Hughes CFO Aims to Boost Dividends, Be More Judicious With Buybacks

Six months into the role, Nancy Buese is leading a pivot in how the oil-field services company returns cash to shareholders

By Mark Maurer
Baker Hughes generally aims to return 60% to 80% of its free cash flow to shareholders. Photo: ali haider/Shutterstock

Baker Hughes’s new finance chief wants to prioritize raising dividends over share buybacks, a philosophical shift for the oil-field-services company as it nears the end of a restructuring aimed at lifting profit margins and reducing costs. 

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue reading your article with
a WSJ subscription

Subscribe Now

Already a subscriber? Sign In

Sponsored Offers
  • adidas:
    Sitewide: 30% OFF adidas Promo Code
  • Nike:
    60% OFF running shoes and apparel at Nike without a promo code
  • American Eagle Outfitters:
    15% off American Eagle promo code 2023
  • Walmart:
    20% off your order with Walmart promo code
  • Target:
    Target Promo Code: 20% Off Entire Order
  • Groupon:
    Exclusive: 30% OFF Groupon Promo Code
  • The Wall Street Journal
  • Sign In
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • Podcasts
  • Snapchat
  • Google Play
  • App Store
  • Privacy Notice
  • Cookie Notice
  • Copyright Policy
  • Data Policy
  • Subscriber Agreement & Terms of Use
  • Your Ad Choices
  • Accessibility
  • Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.
  • Google Play
  • App Store
Sign In
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.