Jana Partners appears to be continuing to flex its activist muscles on QEP Resources via its recently increased 9.5% stake. The upstreamer announced a $500 million share buyback program, implemented board changes, is preparing to spin off midstream business QEP Field Services, and announced upstream divestiture plans as well. QEP chief Chuck Stanley said the new initiatives should unlock shareholder value.In terms of buybacks, using share prices the day prior to the announcement and......
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