Tuesday, August 03, 2021

BP shareholder sweeteners

 BP will hand shareholders a windfall of $1.4bn (£1bn) through share buybacks and will continue buybacks of $1bn every quarter 

And it has promised to increase its dividend by 4% a year up to 2025

Rising global oil prices helped BP make an underlying profit of $2.8bn for the three months to June.

BP to buy back $1.4bn of shares as rising oil price bolsters profits | BP | The Guardian

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