Teck announced a divy of $0.45 in Decemeber and a further 280 million toward share buyback (as per preferrence of investors)

Anyway, I didnt like this statement...someone please feel free to give this a positive spin in a convincing manner - TIA:

"We want to ensure that shareholders benefit directly from our strong results," said Dr. Norman Keevil, Chairman. "We are also committed to adjusting our capital spending plans consistent with prudent management of our balance sheet as we move into 2018."

https://ca.finance.yahoo.com/news/teck-announces-dividend-share-buyback-225100950.html