Shell (UK) ( (GB:SHEL) ) has provided an update.
Shell plc announced a purchase of its own shares for cancellation as part of its ongoing share buy-back program. The transaction involves both on-market and off-market purchases, adhering to regulatory frameworks such as the UK Listing Rules and Market Abuse Regulations. This initiative is managed by Citigroup Global Markets Limited, aiming to optimize the company’s capital structure and enhance shareholder value.
More about Shell (UK)
Shell plc is a leading company in the energy industry, primarily focused on the exploration, production, refining, and marketing of oil and natural gas. It also engages in the development of renewable energy solutions, positioning itself as a key player in the global energy market.
YTD Price Performance: -1.65%
Average Trading Volume: 13,153,297
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £148B
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