Marathon Petroleum's Board OKs $3 Billion Share Buyback

By Claudia AssisMarketsMarketWatch Pulse

Marathon Petroleum Corp. said late Wednesday its board of directors approved an additional $3 billion share buyback program. The previous authorization has about $2.14 billion remaining as of late March, the refiner said. Shares of Marathon were flat in after hours trading, and ended the regular session down 0.7%.

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