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foreign quarter of this year profits at six of the largest producers publicly traded oil companies were more than 70 billion dollars thats 70 billion dollars in just one quarter 90 days 70 billion so far American oil companies are using that windfall the windfall of profits to buy back their own stock passing that money onto their shareholders not to consumers in fact in the first half of the year those same companies spend 20 billion dollars buying back their own stock and most importantly buying back a buyback the most docHub buyback in the last Almost a decade thats great if you own a lot of stock and oil company or if youre an executive an oil company puts a lot of money in your pocket that is how you get paid [Music] do it do it welcome back everybody Chevron plans a massive 75 billion dollar buyback that is triple the size of its previous authorization that was unveiled back in 2019 the company is also hiking its dividend foreign [Music] [Music] today is Thursday the 26t
