30th Jun 2005 15:30
BP PLC30 June 2005 30th June 2005 BP plc-------------------------- BP close period share repurchase programme---------------------- BP plc announces that it has commenced an irrevocable, non-discretionaryprogramme to purchase shares on its own behalf, for putting into treasury,during its close period. The programme commences on the 1st July 2005 and runsup to and including 26th July 2005, the announcement day for BP's 2nd Quarterresults. Any acquisitions will be effected within certain pre-set parameters, and inaccordance with both BP's general authority to repurchase shares and Chapter 15of the Listing Rules which requires that the maximum price paid be limited to nomore than 105 per cent of the average middle market closing price of BP sharesfor the 5 dealing days preceding the date of purchase. The company confirms thatit currently has no unpublished price sensitive information. Further enquiries:BP Press Office: +44 (0)20 7496 4076 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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