BP executes repeated August repurchases under $750M Programme
BP p.l.c. announced a share buyback programme and multiple daily purchases of its ordinary shares in August 2025. The Company began the Programme on 5 August 2025 with a maximum allocation of around $750 million to run to 31 October 2025, carried out on the London Stock Exchange and Cboe (UK). On 1 August 2025 the Company purchased a total of 2,451,600 ordinary shares; subsequent announcements show repeated purchases of 1,150,000 shares on many dates in August, typically executed by Citigroup Global Markets Limited and intended to be transferred into Treasury under shareholder authority. The filing also discloses a director declaration: Hina Nagarajan was appointed to the board of East African Breweries PLC effective 4 August 2025. All purchases reference volume-weighted average prices in pence on each exchange and provide links to detailed transaction schedules.
Positive
- Company-authorized buyback programme with a clear maximum allocation of $750 million through 31 October 2025
- Material executed purchases disclosed, including 2,451,600 shares on 1 August 2025 and repeated confirmed tranches of 1,150,000 shares on multiple August dates
- Purchases to be transferred into Treasury, consistent with shareholder authority and reduction of issued share capital when effected
- Detailed trade-level disclosure including volume-weighted average prices and links to transaction schedules, supporting transparency
Negative
- None.
Insights
TL;DR: A material buyback programme of roughly $750m with consistent daily repurchases, reducing outstanding shares and supporting shareholder returns.
The Programme's $750 million maximum and multiple confirmed daily purchases (including 2,451,600 shares on 1 August 2025 and recurring 1,150,000 share transactions across August) indicate active execution and meaningful capital return. Purchases are being placed into Treasury under shareholder authority, which will reduce issued share capital when cancelled or held, supporting EPS and cash-return metrics. Volume-weighted average prices are disclosed per trade date in pence, enabling precise cost tracking. Impact on leverage and liquidity depends on how the repurchases are funded, which the filing does not specify.
TL;DR: Shareholder-approved repurchases are being executed as authorised; a non-executive director appointment is disclosed, consistent with listing rules.
The Company is operating within authorities granted at the 2025 Annual General Meeting and complying with Market Abuse Regulation and UK Listing Rules. The filing confirms that purchased shares are intended for Treasury consistent with shareholder approval. The appointment of Hina Nagarajan to an external board (East African Breweries PLC) is reported as required by UK Listing Rule disclosure. The disclosures are procedural and align with governance and regulatory expectations; the filing does not raise governance concerns but provides limited detail on funding or intended timing of cancellations.
|
Exhibit
1.1
|
Transaction
in Own Shares dated 01 August 2025
|
|
Exhibit
1.2
|
Share
Repurchases dated 05 August 2025
|
|
Exhibit
1.3
|
Director
Declaration dated 06 August 2025
|
|
Exhibit
1.4
|
Director/PDMR
Shareholding dated 06 August 2025
|
|
Exhibit
1.5
|
Transaction
in Own Shares dated 07 August 2025
|
|
Exhibit
1.6
|
Transaction
in Own Shares dated 08 August 2025
|
|
Exhibit
1.7
|
Transaction
in Own Shares dated 11 August 2025
|
|
Exhibit
1.8
|
Director/PDMR
Shareholding dated 12 August 2025
|
|
Exhibit
1.9
|
Transaction
in Own Shares dated 12 August 2025
|
|
Exhibit
1.10
|
Transaction
in Own Shares dated 13 August 2025
|
|
Exhibit
1.11
|
Transaction
in Own Shares dated 14 August 2025
|
|
Exhibit
1.12
|
Transaction
in Own Shares dated 15 August 2025
|
|
Exhibit
1.13
|
Transaction
in Own Shares dated 18 August 2025
|
|
Exhibit
1.14
|
Transaction
in Own Shares dated 19 August 2025
|
|
Exhibit
1.15
|
Transaction
in Own Shares dated 20 August 2025
|
|
Exhibit
1.16
|
Transaction
in Own Shares dated 21 August 2025
|
|
Exhibit
1.17
|
Transaction
in Own Shares dated 22 August 2025
|
|
Exhibit
1.18
|
Transaction
in Own Shares dated 26 August 2025
|
|
Exhibit
1.19
|
Transaction
in Own Shares dated 27 August 2025
|
|
Exhibit
1.20
|
Transaction
in Own Shares dated 28 August 2025
|
|
Exhibit
1.21
|
Transaction
in Own Shares dated 29 August 2025
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
1,601,600
|
350,000
|
500,000
|
|
Highest price paid per Share (pence):
|
406.70
|
406.70
|
406.65
|
|
Lowest price paid per Share (pence):
|
398.60
|
403.80
|
400.30
|
|
Volume weighted average price paid per Share (pence):
|
404.1600
|
405.2572
|
404.4610
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
404.1600
|
1,601,600
|
|
Cboe (UK)/BXE
|
405.2572
|
350,000
|
|
Cboe (UK)/CXE
|
404.4610
|
500,000
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
||
|
a)
|
Name
|
Dave Hager
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Non-executive director
|
|
|
b)
|
Initial notification/Amendment
|
Initial notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
BP p.l.c.
|
|
|
b)
|
LEI
|
213800LH1BZH3DI6G760
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification code
|
American Depositary Shares (ADSs). Each representing 6 ordinary
shares of $0.25 each.
US0556221044
|
|
|
b)
|
Nature of the transaction
|
Purchase of ADSs.
|
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
$34.495
|
7,500
|
||
|
d)
|
Aggregated information
-
Volume
-
Price
-
Total
|
7,500
$34.495
$258,712.50
|
|
|
e)
|
Date of the transaction
|
6 August 2025
|
|
|
f)
|
Place of the transaction
|
New York Stock Exchange - XNYS
|
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
430.55
|
430.40
|
430.60
|
|
Lowest price paid per Share (pence):
|
424.35
|
424.65
|
424.75
|
|
Volume weighted average price paid per Share (pence):
|
427.5548
|
427.6116
|
427.6360
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
427.5548
|
900,000
|
|
Cboe (UK)/BXE
|
427.6116
|
100,000
|
|
Cboe (UK)/CXE
|
427.6360
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number
of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest
price paid per Share (pence):
|
425.75
|
425.75
|
425.75
|
|
Lowest
price paid per Share (pence):
|
420.95
|
421.00
|
421.05
|
|
Volume
weighted average price paid per Share (pence):
|
422.9724
|
423.0113
|
422.9745
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
422.9724
|
900,000
|
|
Cboe (UK)/BXE
|
423.0113
|
100,000
|
|
Cboe (UK)/CXE
|
422.9745
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
426.35
|
426.30
|
426.25
|
|
Lowest price paid per Share (pence):
|
419.65
|
419.75
|
419.65
|
|
Volume weighted average price paid per Share (pence):
|
423.2505
|
423.2298
|
423.2533
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
423.2505
|
900,000
|
|
Cboe (UK)/BXE
|
423.2298
|
100,000
|
|
Cboe (UK)/CXE
|
423.2533
|
150,000
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
||
|
a)
|
Name
|
Kate Thomson
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Chief financial officer / director
|
|
|
b)
|
Initial notification/Amendment
|
Initial notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
BP p.l.c.
|
|
|
b)
|
LEI
|
213800LH1BZH3DI6G760
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification code
|
Ordinary shares of $0.25
GB0007980591
|
|
|
b)
|
Nature of the transaction
|
Shares acquired through participation in the BP ShareMatch UK
Plan
|
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
£4.232
|
5
|
||
|
d)
|
Aggregated information
- Volume
- Price
- Total
|
5
£4.232
£21.16
|
|
|
e)
|
Date of the transaction
|
11 August 2025
|
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
||
|
a)
|
Name
|
Julia Emanuele
|
|
|
2
|
Reason for the notification
|
||
|
a)
|
Position/status
|
Person Closely Associated with Murray Auchincloss, chief executive
officer / director
|
|
|
b)
|
Initial notification/Amendment
|
Initial notification
|
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
||
|
a)
|
Name
|
BP p.l.c.
|
|
|
b)
|
LEI
|
213800LH1BZH3DI6G760
|
|
|
4
|
Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been
conducted
|
||
|
a)
|
Description of the financial instrument, type of
instrument
Identification code
|
Ordinary shares of $0.25
GB0007980591
|
|
|
b)
|
Nature of the transaction
|
Shares acquired through participation in the BP ShareMatch UK
Plan
|
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
£4.232
|
88
|
||
|
d)
|
Aggregated information
- Volume
- Price
- Total
|
88
£4.232
£372.42
|
|
|
e)
|
Date of the transaction
|
11 August 2025
|
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number
of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest
price paid per Share (pence):
|
425.45
|
425.20
|
425.20
|
|
Lowest
price paid per Share (pence):
|
420.00
|
420.15
|
420.05
|
|
Volume
weighted average price paid per Share (pence):
|
422.7179
|
422.7300
|
422.7242
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
422.7179
|
900,000
|
|
Cboe (UK)/BXE
|
422.7300
|
100,000
|
|
Cboe (UK)/CXE
|
422.7242
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
421.45
|
421.50
|
421.50
|
|
Lowest price paid per Share (pence):
|
416.80
|
417.05
|
416.95
|
|
Volume weighted average price paid per Share (pence):
|
418.5256
|
418.5947
|
418.5739
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
418.5256
|
900,000
|
|
Cboe (UK)/BXE
|
418.5947
|
100,000
|
|
Cboe (UK)/CXE
|
418.5739
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
414.15
|
413.95
|
413.80
|
|
Lowest price paid per Share (pence):
|
409.50
|
409.80
|
409.55
|
|
Volume weighted average price paid per Share (pence):
|
411.7588
|
411.7856
|
411.7713
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
411.7588
|
900,000
|
|
Cboe (UK)/BXE
|
411.7856
|
100,000
|
|
Cboe (UK)/CXE
|
411.7713
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
421.95
|
421.60
|
421.95
|
|
Lowest price paid per Share (pence):
|
416.75
|
416.75
|
416.75
|
|
Volume weighted average price paid per Share (pence):
|
418.6905
|
418.6664
|
418.6776
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
418.6905
|
900,000
|
|
Cboe (UK)/BXE
|
418.6664
|
100,000
|
|
Cboe (UK)/CXE
|
418.6776
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
421.45
|
421.25
|
421.45
|
|
Lowest price paid per Share (pence):
|
415.80
|
415.95
|
415.80
|
|
Volume weighted average price paid per Share (pence):
|
418.8856
|
418.9446
|
418.9218
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
418.8856
|
900,000
|
|
Cboe (UK)/BXE
|
418.9446
|
100,000
|
|
Cboe (UK)/CXE
|
418.9218
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
421.95
|
421.80
|
421.85
|
|
Lowest price paid per Share (pence):
|
417.05
|
417.30
|
417.25
|
|
Volume weighted average price paid per Share (pence):
|
420.3836
|
420.3535
|
420.3665
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
420.3836
|
900,000
|
|
Cboe (UK)/BXE
|
420.3535
|
100,000
|
|
Cboe (UK)/CXE
|
420.3665
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
421.15
|
421.00
|
421.15
|
|
Lowest price paid per Share (pence):
|
414.30
|
414.45
|
414.45
|
|
Volume weighted average price paid per Share (pence):
|
418.0180
|
418.0342
|
418.0399
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
418.0180
|
900,000
|
|
Cboe (UK)/BXE
|
418.0342
|
100,000
|
|
Cboe (UK)/CXE
|
418.0399
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
422.00
|
421.90
|
422.00
|
|
Lowest price paid per Share (pence):
|
417.85
|
417.90
|
417.90
|
|
Volume weighted average price paid per Share (pence):
|
419.8915
|
419.8845
|
419.8894
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
419.8915
|
900,000
|
|
Cboe (UK)/BXE
|
419.8845
|
100,000
|
|
Cboe (UK)/CXE
|
419.8894
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
425.60
|
425.55
|
425.35
|
|
Lowest price paid per Share (pence):
|
420.65
|
420.60
|
420.75
|
|
Volume weighted average price paid per Share (pence):
|
423.1250
|
423.0712
|
423.0706
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
423.1250
|
900,000
|
|
Cboe (UK)/BXE
|
423.0712
|
100,000
|
|
Cboe (UK)/CXE
|
423.0706
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
428.55
|
428.40
|
428.40
|
|
Lowest price paid per Share (pence):
|
423.10
|
423.10
|
423.10
|
|
Volume weighted average price paid per Share (pence):
|
425.6382
|
425.6232
|
425.6238
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
425.6382
|
900,000
|
|
Cboe (UK)/BXE
|
425.6232
|
100,000
|
|
Cboe (UK)/CXE
|
425.6238
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
432.20
|
432.05
|
432.15
|
|
Lowest price paid per Share (pence):
|
425.75
|
425.95
|
425.95
|
|
Volume weighted average price paid per Share (pence):
|
428.5477
|
428.5169
|
428.5160
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
428.5477
|
900,000
|
|
Cboe (UK)/BXE
|
428.5169
|
100,000
|
|
Cboe (UK)/CXE
|
428.5160
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest price paid per Share (pence):
|
430.95
|
430.90
|
430.90
|
|
Lowest price paid per Share (pence):
|
426.40
|
426.45
|
426.40
|
|
Volume weighted average price paid per Share (pence):
|
428.5218
|
428.5534
|
428.5464
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
428.5218
|
900,000
|
|
Cboe (UK)/BXE
|
428.5534
|
100,000
|
|
Cboe (UK)/CXE
|
428.5464
|
150,000
|
|
|
London Stock Exchange
|
Cboe (UK)/BXE
|
Cboe (UK)/CXE
|
|
Number
of Shares purchased:
|
900,000
|
100,000
|
150,000
|
|
Highest
price paid per Share (pence):
|
437.40
|
437.40
|
437.40
|
|
Lowest
price paid per Share (pence):
|
432.40
|
432.50
|
432.45
|
|
Volume
weighted average price paid per Share (pence):
|
434.2577
|
434.2550
|
434.2824
|
|
Venue
|
Volume-weighted average price (pence)
|
Aggregated volume
|
|
London Stock Exchange
|
434.2577
|
900,000
|
|
Cboe (UK)/BXE
|
434.2550
|
100,000
|
|
Cboe (UK)/CXE
|
434.2824
|
150,000
|
|
|
BP
p.l.c.
|
|
|
(Registrant)
|
|
|
|
|
Dated: 01
September 2025
|
|
|
|
/s/ Ben
J. S. Mathews
|
|
|
------------------------
|
|
|
Ben J.
S. Mathews
|
|
|
Company
Secretary
|