BP boosts dividend as profits slump on weak oil, gas prices
) raised its dividend and said it had completed a $1.5 billion share buyback program in a sign of confidence in its growing oil and gas business on the last day in office for Chief Executive Bob Dudley.
The shareholder rewards came as the London-based company reported a 26% drop in fourth-quarter profit, which easily beat forecasts, and $2.7 billion in charges.
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