BNP Paribas announces $1.05B in buybacks after forecast beating profit, revenue
By Cristina Roca BNP Paribas SA on Friday posted higher-than-expected net profit and revenue for the third quarter, and announced a new share-buyback program.
Third-quarter net profit came in at EUR2.5 billion, up from EUR1.89 billion a year earlier and ahead of analysts' expectations of EUR2.29 billion, according to a FactSet consensus estimate.
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