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Shell (UK) ( (GB:SHEL) ) just unveiled an announcement.
Shell plc has announced the purchase and cancellation of its own shares as part of a previously announced buy-back program. The transaction, conducted under the guidance of Citigroup Global Markets Limited, complies with both EU and UK regulations. This move is part of Shell’s broader strategy to manage its capital structure and return value to shareholders, potentially impacting its market position and stakeholder relationships.
More about Shell (UK)
Shell plc is a leading multinational energy company operating primarily in the oil and gas industry. The company is involved in the exploration, production, refining, and marketing of oil and natural gas, as well as the production of chemicals. Shell focuses on transitioning to renewable energy sources and reducing its carbon footprint as part of its strategic objectives.
YTD Price Performance: 4.18%
Average Trading Volume: 12,336,785
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £156.9B
For a thorough assessment of SHEL stock, go to TipRanks’ Stock Analysis page.
