Imperial Oil Ltd.

Imperial Oil Ltd. today declared a quarterly dividend of 60 cents per share on the outstanding common shares of the company, payable on April 1, 2024, to shareholders of record at the close of business on March 4, 2024. This first quarter 2024 dividend compares with the fourth quarter 2023 dividend of 50 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading [...]

Imperial : Fourth quarter Twelve months millions of Canadian dollars, unless noted 2023 2022 ?I 2023 2022 ?I Net income 1,365 1,727 4,889 7,340 Net income per common share, assuming dilution 2.47 2.86 8.49 11.44 Capital and exploration expenditures 469 488 1,778 1,490 +288 Imperial reported estimated net income in the fourth quarter of $1,365 million and cash flow from operating activities of $1,311 million, compared to [...]

Brad Corson, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Ltd., will host a 2023 Fourth Quarter Earnings Call on Friday, February 2, following the company's fourth quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Corson will offer brief remarks prior to taking questions from [...]

Imperial today provided an update on its corporate guidance outlook for 2024. The company's strategy remains focused on maximizing value of existing assets and progressing select high-value growth opportunities while continuing to reduce company emissions and delivering industry-leading returns to shareholders. "Over the next year, Imperial is positioned to deliver key milestones on strategic goals as we continue to [...]

Imperial Oil Ltd. announced today that it has taken up and paid for 19,108,280 common shares at a price of $78.50 per Share under Imperial's offer to purchase for cancellation up to $1.5 billion of its Shares. All amounts are in Canadian dollars. The Shares purchased represent an aggregate purchase of $1.5 billion and 3.4 percent of the total number of Imperial's issued and outstanding Shares as of the close of business [...]

Imperial Oil Ltd. announced today the preliminary results of its substantial issuer bid , pursuant to which Imperial offered to purchase for cancellation up to $1.5 billion of its common shares . The Offer proceeded by way of a modified Dutch auction, which had a tender price range from $78.50 per Share to $94.00 per Share, and included the option for shareholders to participate via a proportionate tender. The Offer [...]

Imperial Oil Ltd. announced today the terms of its substantial issuer bid pursuant to which the company will offer to purchase for cancellation up to $1,500,000,000 of its common shares . Subject to obtaining certain exemptive relief under applicable securities laws in the United States, the Offer will proceed by way of a modified Dutch auction that includes the ability for shareholders to participate via a proportionate [...]

Imperial Oil Ltd. announced today that the Board of Directors, on the recommendation of a special committee of independent directors, has authorized a substantial issuer bid pursuant to which the company will offer to purchase for cancellation up to $1,500,000,000 of its common shares . The company anticipates that the terms and pricing will be determined, and the Offer will commence, during the next two weeks and will be [...]

Imperial Oil Ltd. today declared a quarterly dividend of 50 cents per share on the outstanding common shares of the company, payable on January 1, 2024, to shareholders of record at the close of business on December 1, 2023. This fourth quarter 2023 dividend compares with the third quarter 2023 dividend of 50 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a [...]

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