I guess most of us, including me, have BP. in our HYPs, so this should be of interest hereabouts.
The item includes this bit;
On reaching this net debt target, bp is committed to returning at least 60% of surplus cash flow to shareholders by way of share buybacks, subject to maintaining a strong investment grade credit rating.
Further information, including in relation to share buybacks, will be provided with bp's first quarter 2021 results, expected to be reported on Tuesday 27 April.
I'd rather they paid me more dividends tbh.