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BP Announces Share Buyback and Cancellation

BP (BP) has released an update.

BP p.l.c. has announced the purchase and upcoming cancellation of millions of its own shares, following the authority granted at the 2024 Annual General Meeting. The transactions were part of the buyback programmes initiated earlier, with shares bought on the London Stock Exchange and Cboe (UK). The move is expected to impact the company’s total number of voting rights and shareholder value.

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