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Shell (UK) ( (GB:SHEL) ) has issued an announcement.
Shell plc has announced the purchase of its own shares as part of an ongoing share buy-back program. This initiative, which involves both on- and off-market transactions, is managed by Merrill Lynch International and is set to continue until January 2026. The buy-back program is conducted under strict regulatory frameworks, including the UK Listing Rules and Market Abuse Regulations, reflecting Shell’s commitment to enhancing shareholder value and maintaining compliance with financial regulations.
The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3077.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.
Spark’s Take on GB:SHEL Stock
According to Spark, TipRanks’ AI Analyst, GB:SHEL is a Outperform.
Shell’s overall stock score reflects a stable financial position with strong operational margins and a solid balance sheet. The company’s attractive valuation and positive earnings call sentiment contribute positively. However, technical analysis indicates potential short-term weakness, and challenges in revenue and cash flow growth present risks.
To see Spark’s full report on GB:SHEL stock, click here.
More about Shell (UK)
Shell plc is a major player in the global energy industry, primarily engaged in the exploration, production, refining, and marketing of oil and natural gas. The company also focuses on renewable energy sources and is committed to transitioning towards more sustainable energy solutions.
Average Trading Volume: 9,847,593
Technical Sentiment Signal: Buy
Current Market Cap: £156.3B
For a thorough assessment of SHEL stock, go to TipRanks’ Stock Analysis page.