Shell Advances Share Buy-Back Program

Shell (UK) (GB:SHEL) has released an update.

Shell plc has announced the purchase of its own shares for cancellation on 1st August 2024 as part of its ongoing share buy-back program, with transactions executed on multiple trading venues such as the London Stock Exchange and Amsterdam’s Euronext. These buy-backs are conducted within the parameters set by regulatory guidelines and facilitated by Citigroup Global Markets Limited independent of Shell. The repurchases reflect Shell’s strategy to manage share capital, potentially signaling confidence in the company’s financial health and future prospects.

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