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Shell (UK) ( (GB:SHEL) ) has shared an update.
Shell plc announced the purchase of a significant number of its own shares as part of an ongoing share buy-back program, initially announced in October 2024. This transaction is aimed at consolidating the company’s financial structure and potentially increasing shareholder value, with Citigroup Global Markets Limited overseeing the trading decisions. The program complies with relevant UK and EU regulations, reflecting Shell’s strategic financial management and commitment to regulatory adherence.
More about Shell (UK)
Shell plc is a leading global energy company involved in the exploration, production, refining, and marketing of oil and natural gas. They are also investing in renewable energy solutions as part of their strategy to meet the world’s growing energy demands while reducing carbon emissions.
YTD Price Performance: 8.87%
Average Trading Volume: 12,694,360
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £163.6B
See more insights into SHEL stock on TipRanks’ Stock Analysis page.
