BP (BP) has released an update.
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BP p.l.c. has actively been buying back its shares, following the authorization from its shareholders during the 2023 and 2024 Annual General Meetings, as part of announced buyback programmes. A considerable number of shares have been purchased on the London Stock Exchange and Cboe (UK), with the company planning to cancel these shares to likely enhance shareholder value. This move has resulted in the publication of a new total number of voting rights, reflecting the reductions from the share buybacks.
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