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Is BP’s new strategy – full focus on profits – viable in the long term?

Valutico

Furthermore, the company increased dividends by 10% and announced that it will buy back GBP 2.3 (USD In early 2018 the company traded at GBP 4.7 (USD Due to these high earnings, the company was able to pay back GBP 7.5 (USD billion in net debt, reducing total debt to GBP 17.5 (USD billion worth of shares.