tiprankstipranks
Trending News
More News >

Shell plc Executes Share Buy-Back Program to Enhance Shareholder Value

Story Highlights
Shell plc Executes Share Buy-Back Program to Enhance Shareholder Value

The latest announcement is out from Shell (UK) ( (GB:SHEL) ).

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program, with transactions executed across multiple trading venues. This move is part of a strategic initiative to manage capital and enhance shareholder value, adhering to regulatory frameworks such as the UK Listing Rules and Market Abuse Regulations.

More about Shell (UK)

Shell plc is a prominent player in the energy industry, primarily engaged in the exploration, production, refining, and marketing of oil and natural gas. The company focuses on providing energy solutions and is a significant participant in the global energy market.

YTD Price Performance: 4.85%

Average Trading Volume: 11,612,722

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £153.4B

See more insights into SHEL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App