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Shell Advances Share Buy-Back Program

Shell Advances Share Buy-Back Program

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

Shell plc has announced the purchase of shares for cancellation on October 7, 2024, as part of its ongoing share buy-back program initiated on August 1, 2024. The repurchases took place across different trading venues, including the London Stock Exchange and Euronext Amsterdam, with Citigroup Global Markets Limited independently managing the trading decisions. The buy-back program is in line with the UK and EU market regulations and forms part of Shell’s strategy to reduce its share capital.

For further insights into GB:SHEL stock, check out TipRanks’ Stock Analysis page.

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