Shell Advances Share Buy-Back Strategy for 2024
Company Announcements

Shell Advances Share Buy-Back Strategy for 2024

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

Shell plc has announced a significant step in its share buy-back program by purchasing over 1.75 million shares for cancellation, with transactions conducted on the London Stock Exchange and XAMS. This move is part of a strategic initiative to optimize capital structure and enhance shareholder value. The program, managed by Citigroup Global Markets Limited, aims to run until January 2025, adhering to regulatory guidelines.

For further insights into GB:SHEL stock, check out TipRanks’ Stock Analysis page.

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