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Shell Initiates Share Buy-Back Program

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Shell Initiates Share Buy-Back Program

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

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program, which was initially disclosed in October 2024. The program is being managed by Citigroup Global Markets Limited and involves both on-market and off-market transactions. This move is in compliance with UK and EU Market Abuse Regulations and is expected to impact the company’s share value and capital structure.

More about Shell (UK)

Shell (UK) is a prominent player in the energy industry, primarily focusing on the exploration, production, and distribution of oil and gas. The company is known for its extensive operations in the energy sector and has a significant market presence globally.

YTD Price Performance: 9.96%

Average Trading Volume: 12,708,458

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.

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