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LONDON - BP (NYSE:BP) p.l.c. has disclosed its updated total number of voting rights and share capital as of March 31, 2025, in compliance with financial regulations. The oil and gas giant reported that its issued share capital consisted of 16,111,767,438 ordinary shares, each with a par value of US$0.25 and one vote. Additionally, the company holds 12,706,252 preference shares, each with a par value of £1, and these shares carry two votes for every £5 of nominal capital.
The company also specified that 374,545,556 ordinary shares are held in treasury. These treasury shares, while part of the company’s assets, are not considered when calculating dividends or determining voting rights at shareholder meetings.
With the latest count, the total number of voting rights within BP p.l.c. stands at 16,116,849,938. This figure is significant for shareholders who need to assess whether they must disclose changes in their stake in the company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (DGTRs).
The announcement, fulfilling the requirements of DGTR 5.6, provides transparency for BP’s investors and ensures regulatory compliance. It also serves as an essential update for market participants who track changes in a company’s potential voting outcomes.
BP’s update on its total voting rights is based on a press release statement and is a routine disclosure for publicly traded companies, particularly those listed on major stock exchanges like the London Stock Exchange (LON:LSEG). These updates are crucial for maintaining fair and transparent markets, as they provide investors with the necessary data to make informed decisions.
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