Baker hughes company announces $2 billion share repurchase authorization

Houston & london--(business wire)--baker hughes company (nyse: bkr) ("baker hughes" or the "company") announced today that its board of directors has authorized baker hughes holdings llc (“bhh llc”) to repurchase up to $2 billion of its common units. the company will use the proceeds from the sale of its bhh llc common units to repurchase its class a shares. “we are generating strong cash flow and are confident in our short-term operational outlook and long-term strategic positioning. today's a
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