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BP plc Advances Share Buyback Program
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BP plc Advances Share Buyback Program

BP plc. (BP) has released an update.

BP plc has been actively purchasing its own shares as part of a buyback program initiated on February 6, 2024, following the authority granted by shareholders during the 2023 Annual General Meeting. The company has announced multiple transactions throughout April 2024, intending to cancel the acquired shares. This move is expected to affect the total number of voting rights, as BP seeks to enhance shareholder value through these buybacks.

For further insights into BP stock, check out TipRanks’ Stock Analysis page.

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