There are several ways that a company can return wealth to its shareholders. Price appreciation and dividends are the two most common ways, but there are other ways a company can introduce returns to buyers. One method that is less common, or overlooked, is share buybacks.
Someone with a lot of money to spend has taken a bullish stance on BP (NYSE:BP).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.