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BP unveils $20billion share buyback strategy as profits boom on oil price windfall

BP unveils $20billion share buyback strategy as profits boom on oil price windfall

BP BP chief Bernard Looney today unveiled an ambitious share buyback strategy which could see the energy giant purchase almost $20 billion of its own stock - around a quarter of its current market value - by 2025. The proposed schedule for a $1billion buyback each quarter over the next four years depends...

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