BP to halt stock buybacks as profit slumps

BP to halt stock buybacks as profit slumps - MarketWatch# BP to halt stock buybacks as profit slumpsPublished: Feb. 10, 2026 at 2:39 a.m. ETShareResize---Listen(41 sec)BP said it will halt buybacks as it delivered earnings Photo: Carlos Jasso/Agence France-Presse/Getty ImagesBP said it was halting stock buybacks as the oil and gas giant said it wanted to rebuild its balance sheet.The London-based energy group [UK:BP] [BP] said Tuesday it was trying to reduce net debt by as much as $18 billion by the end of ...