BP boosts dividend as profit tops forecast and CEO bows out
Share:
LONDON (Reuters) - BP raised its dividend and said it had completed a $1.5 billion (1.15 billion pounds) share buyback programme in a sign of confidence in its growing oil and gas business on the last day in office for Chief Executive Bob Dudley.BP shares jumped more than 4% in early Tuesday trade and were on course for their biggest daily gain in more than a year after its profit beat forecasts for a twelfth quarter in a row. As Bernard Looney prepares to take the helm, BP struck a positive..