23/4/2025, 12:37:02 pm

BP share buyback outlook at risk from oil price slump, analysts say

BP may be forced to cut or even scrap its share buyback programmes over the next year if oil prices don't recover, potentially reducing its annual program to $2 billion, which could lower shares by 15%, or 30% if scrapped. BP aims to distribute 30-40% of cash flow via dividends and buybacks while cutting costs and improving refining.