Imperial Oil Ltd.

Imperial Oil Ltd. announced at its annual meeting of shareholders held on May 3, 2022, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 16, 2022 were elected as directors. A total of 606,381,191 shares were represented in person or by proxy. The percentage of shares represented at the meeting that were voted to elect the individual directors are [...]

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 $2,500,000,000 of its common shares . Subject to obtaining certain exemptive relief under applicable securities laws in Canada and the United States, the Offer will proceed by way of a modified Dutch auction that includes the ability for shareholders to participate via a [...]

Imperial Oil Ltd. today declared a quarterly dividend of 34 cents per share on the outstanding common shares of the company, payable on July 1, 2022, to shareholders of record at the close of business on June 2, 2022. This second quarter 2022 dividend compares with the first quarter 2022 dividend of 34 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading [...]

Imperial Oil Ltd. announced today that the Board of Directors, on the recommendation of a special committee of independent directors, has authorized the initiation of a substantial issuer bid pursuant to which the company will offer to purchase for cancellation up to $2,500,000,000 of its common shares . The company anticipates that the terms and pricing will be determined, and the Offer will commence, during the next two [...]

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Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president, investor relations, Imperial Oil Ltd., will host a 2022 First Quarter Earnings Call on Friday, April 29, following the company's first 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 [...]

Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president, investor relations, Imperial Oil Ltd., will host the company's 2022 Investor Day on Thursday, March 10. The event begins at 8 a.m. MT and will be accessible by webcast. At Investor Day, Imperial's management team will provide an update on the company's operations and business strategy, followed by a question-and-answer session [...]

Imperial Oil Ltd. today declared a quarterly dividend of 34 cents per share on the outstanding common shares of the company, payable on April 1, 2022, to shareholders of record at the close of business on March 3, 2022. This first quarter 2022 dividend compares with the fourth quarter 2021 dividend of 27 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading [...]

Imperial Oil Ltd. : This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220201005385/en/ Upstream fourth quarter net income factor analysis Fourth quarter Twelve months millions of Canadian dollars, unless noted 2021 2020 ? 2021 2020 ? Net income 813 +1,959 2,479 +4,336 Net income per common share, assuming dilution 1.18 +2.74 3.48 +6.01 Capital and exploration [...]

Imperial Oil Ltd. said today it plans further reductions in greenhouse gas emissions intensity over the next decade to help support Canada's net zero goals. By the end of 2030, Imperial anticipates reduced Scope 1 and 2 greenhouse gas emissions intensity of its operated oil sands facilities by 30 percent, compared with 2016 levels. The company plans to achieve this through implementation of lower greenhouse gas next [...]