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Shell plc Advances Share Buy-Back Programme

Shell plc Advances Share Buy-Back Programme

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

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Shell plc has executed a share buy-back programme, purchasing shares across multiple trading venues on 17 May 2024, as part of its previously announced repurchase initiative. The transactions were conducted on markets like LSE, BATS, Chi-X, and XAMS, with the company buying back shares for cancellation to align with its capital allocation strategy. These buy-backs adhere to both EU and UK market regulations, reinforcing Shell’s commitment to shareholder returns.

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

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