BP stock climbs in London as oil rebounds; buyback rolls on ahead of Feb. 10 results
BP shares rose 1.6% to 443.9 pence in early London trading Friday, lifted by a rebound in oil prices and continued share buybacks. The company repurchased over 3 million shares Thursday at an average price near 439.6 pence. Around 2.1 million BP shares changed hands early in the session. Investors await BP’s earnings report on Feb. 10.