Transaction in Own Shares

RNS Number : 6405A

BP PLC

22 March 2013

 

BP p.l.c.- Share Buy-back Programme

BP p.l.c. (the "Company") announces that it has entered into a share buy-back programme, managed by an independent third party which makes its trading decisions in relation to the Company's securities independently of, and uninfluenced by the Company, to enable the purchase of the Company's ordinary shares, for cancellation, during the period starting on 22 March 2013 and ending on 29 April 2013, which will run through its first quarter 2013 results close period. The close period commences at the close of business on 31 March 2013 and ceases following the release of the Company's results announcement on 30 April 2013.

As previously announced, the purpose of the share buy-back programme is to reduce the Company's issued share capital.

Any purchases will be effected within certain pre-set parameters and in accordance with the Company's general authority to repurchase shares granted by its shareholders at the Company's 2012 Annual General Meeting and Chapter 12 of the Listing Rules.

Further enquiries:

Jessica Mitchell           [phone]

 

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