FTSE 100 share buybacks on track to reach all time high in 2022

Pushed by BP buyback

Elliot Gulliver-Needham
clock • 2 min read
BP’s latest plan to buy back $2.5bn of stock this quarter has pushed the projections for buybacks to a new high
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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...

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