Technipfmc announces initiation of quarterly dividend and additional $400 million share repurchase authorization

Newcastle & houston--(business wire)--technipfmc plc (nyse: fti) (“technipfmc” or the “company”) announced that its board of directors (the “board”) has authorized and declared a quarterly cash dividend of $0.05 per share. the company intends to pay dividends on a quarterly basis, and this dividend represents $0.20 per share on an annualized basis. the board has also authorized additional share repurchase of up to $400 million. together with the existing program, the company's total share repur.
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