Share buyback representing 15% of market cap
Over 30 million share repurchased
Aims to stop firms hoarding cash is working
Buyback ETFs undershooting benchmark indices
Martin Currie Pacific trust's shareholders have agreed to rename the company Martin Currie Asia Unconstrained trust, as it moves away from commitments to invest in Japan and Australia.
BP will step up its share buyback programme with the revenues from divestments over the next year, according to its second quarter results.