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BP p.l.c. Message Board

  • thedarkknight772002 thedarkknight772002 Apr 17, 2013 7:24 AM Flag

    In a year this buy back will be considered genius..................

    I am amazed that we have actually lost $2.00 since the buy back was announced. On top of that, they are actually buy back shares. At first I think, what a steal for the company, but then I realize that the only thing keeping this up is the dividend, not the buy back. I guess it is our fate to hover around 39-41.50 until the trial I over and the news breaks. Trouble is, even if it's good news, by the time the news breaks, we will only be right back where we started at $42.50. This is a massive buy back and I am completely confused????

 
BP
39.40+1.08(+2.82%)Dec 19 4:01 PMEST

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