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The latest announcement is out from Shell (UK) ( (GB:SHEL) ).
Shell plc announced a purchase of its own shares for cancellation as part of its ongoing share buy-back program, which was initially disclosed in October 2024. This move, aligned with regulatory frameworks such as the UK and EU Market Abuse Regulations, is designed to manage capital and improve shareholder value. Citigroup Global Markets Limited is independently handling the trading decisions within the set parameters of the program, reflecting Shell’s strategic focus on optimizing its financial structure and returning value to its shareholders.
More about Shell (UK)
Shell (UK) is a leading company in the oil and gas industry, focusing on the exploration, production, and distribution of energy resources. The company is involved in various market segments including upstream and downstream operations, and it plays a significant role in the global energy market.
YTD Price Performance: 9.87%
Average Trading Volume: 12,615,343
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £165.2B
For an in-depth examination of SHEL stock, go to TipRanks’ Stock Analysis page.