An announcement from Shell (UK) ( (GB:SHEL) ) is now available.
Shell plc announced the repurchase of its own shares as part of its existing buy-back program. This strategic move, facilitated by Natixis, is intended to be conducted in both on-market and off-market settings, aligning with regulatory frameworks like UK MAR and EU MAR. This buy-back program could potentially enhance shareholder value and solidify Shell’s market position.
More about Shell (UK)
Shell plc is a global energy company primarily involved in the exploration, production, refining, and distribution of oil and natural gas. It also focuses on renewable energy sources and is positioned as a major player in the energy industry, serving a wide-ranging market worldwide.
YTD Price Performance: 7.55%
Average Trading Volume: 12,600,963
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £161.4B
For detailed information about SHEL stock, go to TipRanks’ Stock Analysis page.