BP (BP) has released an update.
In a robust move to optimize its capital structure, BP p.l.c. has reported significant transactions in its own shares, buying back and intending to cancel millions of shares in line with shareholder authorization from its 2024 Annual General Meeting. The series of detailed transactions, executed on various exchanges, are part of a buyback program announced earlier in May 2024, indicating a strategic step towards enhancing shareholder value.
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