ExxonMobil plans to buy back $20B in shares in 2026 - Breaking The News
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ExxonMobil plans to buy back $20B in shares in 2026

EPA-EFE/LARRY W. SMITH

ExxonMobil Corp. unveiled on Wednesday the "Corporate Plan to 2030" in which it stated that it aims to repurchase $20 billion worth of shares in 2026, "assuming reasonable market conditions."

Until 2030, the company expects to "deliver incremental growth potential of $20 billion in earnings and $30 billion in cash flow driven by investing in competitively advantaged opportunities, continued excellence in execution, and disciplined cost and capital management."

Exxon detailed that in 2025 it plans to invest between $27 billion and $29 billion of cash capital expenditures "to progress attractive long-term opportunities," with the digit expected to range from $28 billion to $33 billion annually starting 2026.

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