Aug 10, 20201 min readBP’s Share Price Rises After Q2 LossBP's share price initially rose after reporting a lower than expected Q2 loss of $6.7bn. BP also announced a 50% cut to its dividends, but has promised to return 60% of its spare cash to investors via share buybacks.
BP's share price initially rose after reporting a lower than expected Q2 loss of $6.7bn. BP also announced a 50% cut to its dividends, but has promised to return 60% of its spare cash to investors via share buybacks.
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