Shell plc Advances Share Buy-Back Program

Shell (UK) ( (GB:SHEL) ) has shared an announcement.

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program. This transaction, conducted across multiple trading venues, reflects the company’s strategic effort to manage its capital structure and enhance shareholder value. The buy-back is executed under the guidance of Natixis, adhering to regulatory frameworks such as the UK and EU Market Abuse Regulations.

More about Shell (UK)

Shell plc is a leading company in the energy sector, primarily engaged in the exploration, production, refining, and marketing of oil and natural gas. It also focuses on renewable energy solutions and operates globally with a significant presence in various markets.

YTD Price Performance: 7.50%

Average Trading Volume: 11,373,601

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £158.2B

See more data about SHEL stock on TipRanks’ Stock Analysis page.