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Shell Announces Share Buy-Back as Part of Capital Management Strategy

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Shell Announces Share Buy-Back as Part of Capital Management Strategy

The latest announcement is out from Shell (UK) ( (GB:SHEL) ).

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program, acquiring a total of 2,105,000 shares across various trading venues. This move is part of a strategy to manage the company’s capital structure and return value to shareholders, adhering to regulatory frameworks such as the UK Listing Rules and Market Abuse Regulations.

More about Shell (UK)

Shell plc is a leading company in the energy industry, primarily engaged in the exploration, production, refining, and marketing of oil and natural gas. It also focuses on renewable energy solutions and has a significant presence in the global energy market.

YTD Price Performance: 4.82%

Average Trading Volume: 11,435,153

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £154.5B

For an in-depth examination of SHEL stock, go to TipRanks’ Stock Analysis page.

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