India, May 1 -- Imperial Oil Ltd. (IMO,IMO.TO) reported on Friday that first-quarter net income declined to C$940 million or C$1.94 per share from C$1.29 billion or C$2.52 per share in the prior-year quarter.
Total revenues and other income for the quarter edged down to C$12.45 billion from C$12.52 billion in the same quarter last year.
"I am confident in our ability to generate superior cash flow, underpinning our reliable and growing dividend and our industry-leading share buyback program," said John Whelan, chairman, president and chief executive officer.
Separately, the company declared a quarterly dividend of 87 cents per share on the outstanding common shares of the company, payable on July 1, 2026, to shareholders of record at the...