--BP PLC is launching a share-award scheme for its more than 60,000 employees, Reuters reports.

--The program was announced by Chief Executive Bernard Looney in a company-wide town hall meeting last Tuesday, according to Reuters.

--The distribution will take place in 2021, the cost isn't yet clear and such shares will be locked for four years, Reuters reports.

 

Full story: https://reut.rs/3arLuN3

 

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(END) Dow Jones Newswires

February 17, 2021 03:41 ET (08:41 GMT)

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