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Key facts: BP buys back 1.6M shares; stock dips as oil prices fall; $5B Egypt investment

Key facts: BP buys back 1.6M shares; stock dips as oil prices fall; $5B Egypt investment — TradingView News

  • On December 16, 2025, BP p.l.c. bought back 1,620,362 shares as part of a buyback program started on November 4, 2025, on the London Stock Exchange and Cboe (UK).1
  • BP’s stock fell about 0.6% as European oil and gas shares dropped, driven by declining oil prices, with Brent crude at $59.85 and WTI at $56.01, the lowest since 2021.2
  • BP will invest $5 billion in Egypt to drill 480 exploratory oil and gas wells over five years, supporting efforts to boost natural gas output and achieve crude oil self-sufficiency.3

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