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Shell (UK) ( (GB:SHEL) ) just unveiled an announcement.
Shell plc has announced a $3.5 billion share buyback programme to reduce its issued share capital, scheduled for completion before the Q1 2025 results. The programme involves buying back shares on both London and Netherlands exchanges, with a maximum purchase of 420 million shares, reflecting Shell’s strategic financial management aimed at enhancing shareholder value.
More about Shell (UK)
Shell plc is a global energy company involved in the exploration, production, refining, and marketing of oil and natural gas. The company also focuses on developing renewable energy solutions, with a commitment to reducing its carbon footprint and transitioning towards sustainable energy practices.
YTD Price Performance: 4.81%
Average Trading Volume: 12,679,279
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £156.4B
See more insights into SHEL stock on TipRanks’ Stock Analysis page.
