---
schema_version: "secwatch.filing_event.v1"
accession: "0001701605-22-000156"
form_type: "8-K"
ticker: "BKR"
cik: "0001701605"
company_name: "Baker Hughes Co"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:05:58.446626+00:00"
event_type: "other"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Baker Hughes increases quarterly dividend to $0.19 and upsizes buyback authorization by $2B to $4B

## Summary
- Quarterly dividend raised 5.5% to $0.19 per share, payable Nov 18, 2022 to holders of record Nov 7.
- Board authorized $2B additional repurchase common units, increasing total authorization to $4B.
- Company repurchased ~$1.2B Class A shares under prior authorization as of Sep 30, 2022.
- CEO reaffirms target to return 60-80% of free cash flow to shareholders, on track for >$1.5B in 2022.
- Repurchase program has no expiration and will be funded from operations.

## SEC filing metadata
- accession: 0001701605-22-000156
- form_type: 8-K
- ticker: BKR
- cik: 0001701605
- company_name: Baker Hughes Co
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: other
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701605/000170160522000156/0001701605-22-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/808362/000170160522000156/bkr-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001701605-22-000156
- JSON: https://secwatch.observer/filing/0001701605-22-000156.json
- Plain text: https://secwatch.observer/filing/0001701605-22-000156.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.