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BP announces $8 billion share buyback
2013-03-22 11:17:16| Energy - Topix.net
Oil company BP says it will buy back $8 billion in shares after completing a complex deal for TNK-BP. Friday's announcement comes after BP completed the sale of its 50 percent interest in Russia's third-largest oil producer, TNK-BP. BP invested $8 billion in cash, shares and assets when it formed TNK-BP in 2003 and received a total of $19 billion ... (more)
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