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

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Shell (UK) ( (GB:SHEL) ) just unveiled an announcement.

Shell plc announced the purchase of its own shares as part of a buy-back program, acquiring a total of 1,720,000 shares across various trading venues. This move is part of a previously announced strategy to repurchase shares, with Natixis handling trading decisions independently, and aims to optimize capital structure while complying with regulatory frameworks.

More about Shell (UK)

Shell plc is a global energy company involved in the oil and gas industry, providing a range of products and services including exploration, production, refining, and marketing of oil and natural gas, as well as renewable energy solutions. The company is focused on transitioning to cleaner energy solutions and maintaining its position as a leader in the energy market.

YTD Price Performance: 6.10%

Average Trading Volume: 12,067,277

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £159.1B

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

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