Bloomberg Markets and Finance published this video item, entitled “BP CEO Looney Discusses Share Buyback, Earnings” – below is their description.
Apr.27 — BP Plc CEO Bernard Looney says the oil giant will begin share buybacks in an effort to win back investors who have shown little love for the company since it cut its dividend by half last year. “It’s a story of delivering on our promise of competitive cash returns for our shareholders, while at the same time transitioning the company for the future,” Looney said in an interview on Bloomberg Television as BP’s first-quarter adjusted net income rebounded to $2.63 billion, up from $791 million a year earlier.Bloomberg Markets and Finance YouTube Channel
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