Shell plc Advances Share Buyback Strategy

Shell (UK) ( (GB:SHEL) ) has issued an update.

Shell plc announced the repurchase of its shares as part of an ongoing buy-back program, with a total of 1,720,000 shares purchased across various trading venues on February 3, 2025. This initiative is part of a strategic move to manage its capital structure and return value to shareholders, operating within the regulatory frameworks post-Brexit and leveraging the expertise of Natixis to execute the trades independently.

More about Shell (UK)

Shell plc is a global energy and petrochemical company, primarily involved in the exploration, production, refining, and marketing of oil and natural gas. The company focuses on providing energy solutions and sustainable practices in response to growing global energy demands.

YTD Price Performance: 8.18%

Average Trading Volume: 12,555,448

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £162.3B

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