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Bp Share News (BP.)
Share News for Bp (BP.)
| Share Price: 460.40 | Bid: 460.95 | Ask: 461.15 | Change: 2.20 (+0.48%) |  | ||||||
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BP suggests TNK-BP would pay $1 bln in 2012 dividend
Sat, 21st Jul 2012 16:43
MOSCOW, July 21 (Reuters) - BP has proposed Russia's No.3 oil company TNK-BP would pay $1 bill
Directors who represent the AAR consortium in TNK-BP said they would study BP's proposal and make a decision within a week, the statement said.
In May, TNK-BP, half-owned by BP, said it postponed a decision on a dividend pay out for the first quarter of 2012 due to a lack of a board quorum.
(Writing by Andrey Ostroukh, editing by William Hardy) Keywords: TNK BP/DIVIDEND
(andrey.ostroukh@thomsonreuters.com)(+7 495 775 1242)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
MOSCOW, July 21 (Reuters) - BP has proposed Russia's No.3 oil company TNK-BP would pay $1 bill
ion in dividend attributable to 2012 income, TNK-BP said in a statement on Saturday.
Directors who represent the AAR consortium in TNK-BP said they would study BP's proposal and make a decision within a week, the statement said.
In May, TNK-BP, half-owned by BP, said it postponed a decision on a dividend pay out for the first quarter of 2012 due to a lack of a board quorum.
(Writing by Andrey Ostroukh, editing by William Hardy) Keywords: TNK BP/DIVIDEND
(andrey.ostroukh@thomsonreuters.com)(+7 495 775 1242)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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