FRANKFURT (Reuters) – Linde,, the world’s largest industrial gas company, on Monday announced a share buyback programme of up to $10 billion and a 10%-increase in its quarterly dividend to $1.17 apiece.
“In 2021, Linde again generated record cash flow,” incoming Chief Executive Officer Sanjiv Lamba said. “Our capital allocation priorities are to maintain a strong balance sheet, invest in high-quality growth opportunities and continue our track record of paying and annually increasing the dividend.
(Reporting by Christoph Steitz)
