Murphy USA Announces Share Repurchase Plan at Annual Meeting

by Luke Jones  on Wednesday, May. 7, 2014 4:00 pm  

Andrew Clyde, CEO of Murphy USA Inc.

Murphy USA Inc., the retail gas station spinoff of Murphy Oil Corp. of El Dorado, holds its first shareholders' meeting and announces a $50 million share repurchase program. Also, CEO Andrew Clyde details some of the fuel retailer's strategy for the coming year, noting that the company is in a highly competitive and volatile market.

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