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Shell (UK) ( (GB:SHEL) ) has issued an update.
Shell plc announced a share buyback program, purchasing shares for cancellation as part of its strategy to return value to shareholders. The program, which adheres to UK MAR regulations, involves on-market and off-market transactions, with Natixis independently managing the trading decisions until April 2025. This initiative reflects Shell’s commitment to shareholder returns and indicates confidence in its financial position.
More about Shell (UK)
Shell plc is a global group of energy and petrochemical companies, involved in the exploration, production, refining, and marketing of oil and natural gas. The company also engages in the production and marketing of chemicals, and is focused on transitioning towards renewable energy sources and reducing its carbon footprint.
YTD Price Performance: 9.03%
Average Trading Volume: 12,436,932
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £159.6B
For a thorough assessment of SHEL stock, go to TipRanks’ Stock Analysis page.
