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Shell Advances Share Buy-Back Program with Recent Share Purchases

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Shell Advances Share Buy-Back Program with Recent Share Purchases

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

Shell plc announced the purchase and cancellation of its own shares as part of its ongoing share buy-back program. The program, executed with the assistance of Citigroup Global Markets Limited, is conducted under stringent regulatory frameworks, indicating Shell’s strategic move to enhance shareholder value and optimize its capital structure.

More about Shell (UK)

Shell plc is a leading global energy company operating in the oil, gas, and renewable energy sectors. It focuses on the exploration, production, refining, and marketing of oil and natural gas, alongside investments in renewable energy solutions to transition towards more sustainable energy practices.

YTD Price Performance: 8.87%

Average Trading Volume: 12,694,360

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £163.6B

Find detailed analytics on SHEL stock on TipRanks’ Stock Analysis page.

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