Summary
SHAREHOLDERS in energy group BG are to receive a GBP 1 billion windfall after the oil and gas giant announced a stock buy-back programme yesterday.
A strong operating performance and higher commodity prices had transformed its balance sheet, delivering a third-quarter profit up 44 per cent to GBP 308 million, and allowing the group to add GBP 500m to its investment budget.See the full content of this document
Extract
Gbp 1bn Windfall As Bg Announces Buy-Back
BG's finances were also boosted by the GBP 800m it banked from the sale of an ...
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