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COLUMN: BP has one drink left in the last-chance saloon. Making the shareholders bear the cost of previous management mistakes would only deepen the mistrust between BP and its investors, tired of dividend cuts, write-downs and scandals. @Opinion $BP https://t.co/lBVXX5gADE
Making BP shareholders bear the cost of previous management mistakes would only deepen the mistrust between the company and its investors, @JavierBlas writes https://t.co/5Z0bNnzXav via @opinion
THE LONDON STOCK EXCHANGE HAS BEEN LEFT BEHIND BY ITS PARENT – FT
BP is expected to announce at least one major divestment during its upcoming Investor Day, according to reports from the Financial Times. This development comes amid ongoing concerns regarding the company's relationship with its shareholders. Javier Blas, in a recent column, emphasized that making shareholders bear the costs of past management errors could exacerbate mistrust, particularly following a history of dividend cuts, write-downs, and scandals. Investors are increasingly wary of BP's handling of these issues as the company navigates its future strategies.
