BP profit slows, but beats forecasts as it plans $1.75 billion more buybacks

BP on Tuesday reported a rise in first-quarter underlying replacement cost profit, beating expectations, and declared an additional $1.75 billion share buyback. The British oil-and-gas major made an underlying replacement cost profit of $4.96 billion in the three months through to the end of…#bp
Source: Reuters: Health - Category: Consumer Health News Source Type: news