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Shell (UK) ( (GB:SHEL) ) has issued an announcement.
Shell plc announced the purchase of a significant number of its own shares as part of its ongoing buy-back program, which was initially revealed in October 2024. The buy-back initiative is conducted both on- and off-market, with Citigroup Global Markets Limited making trading decisions independently for the specified period. This move is expected to influence Shell’s market positioning by consolidating ownership and potentially enhancing shareholder value.
More about Shell (UK)
Shell plc is a global energy company involved in every aspect of the oil and gas industry, from exploration and production to refining and marketing. The company is a key player in the energy sector, focusing on delivering energy solutions to markets worldwide.
YTD Price Performance: 8.36%
Average Trading Volume: 12,704,391
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £162.7B
Find detailed analytics on SHEL stock on TipRanks’ Stock Analysis page.
