Oil giant BP braces for shareholder showdown over green strategy U-turn [CNBC]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: CNBC
Asset manager Legal & General, a leading shareholder in BP, said it intends to vote against the reelection of outgoing Chair Helge Lund, a position that would defy BP's management recommendation. It paves the way for a shareholder showdown, with observers closely monitoring the level of investor opposition to Lund's reelection. The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England. Oil giant is bracing itself for a shareholder backlash at its annual general meeting (AGM) on Thursday, with a chorus of disgruntled investors planning to voice their concerns over the firm's green strategy U-turn. A planned resolution on the reelection of BP Chair Helge Lund has been billed as an opportunity for investors to signal discontent on , corporate governance and the influence of Britain's , which has lagged behind more hydrocarbon-focused industry peers in recent years, has sought to resolve something of a
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BP
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- 11/5/25 - Beat
BP
Sec Filings
- 12/1/25 - Form 6-K
- 12/1/25 - Form 6-K
- 11/6/25 - Form 13F-HR
- BP's page on the SEC website