British energy major BP Plc (BP.L,BP_UN.TO,BP) reported that its third quarter profit attributable to shareholders was $4.86 billion or $1.66 per ADS compared to a loss of $2.16 billion or $0.69 per ADS in the same quarter last year.
BP intends to execute a further $1.5 billion share buyback prior to reporting fourth quarter results. The $1.5 billion share buyback program announced with the second quarter results was completed on 27 October 2023.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.