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

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. 

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