Image:
BP’s latest plan to buy back $2.5bn of stock this quarter has pushed the projections for buybacks to a new high
BP’s latest plan to buy back $2.5bn of stock this quarter has pushed forecasts for FTSE 100 firm buybacks to be on track for a record high in 2022.
FTSE 100 firms are now planning £37bn of share buybacks this year, compared to the prior record of £34.9bn in 2018, according to data from AJ Bell. AJ Bell investment director Russ Mould said BP's $2.5bn...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.
