Shell (UK) (GB:SHEL) has released an update.
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Shell plc has initiated a significant share buyback program, purchasing over 2.1 million shares to enhance shareholder value. The buybacks on the London Stock Exchange and XAMS are part of a strategic move managed independently by Citigroup Global Markets Limited. This effort aligns with Shell’s ongoing commitment to optimizing its capital structure.
For further insights into GB:SHEL stock, check out TipRanks’ Stock Analysis page.