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Shell plc Announces Major Share Buyback Initiative

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Shell plc Announces Major Share Buyback Initiative

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

Shell plc has announced a share buyback, purchasing a significant number of its own shares for cancellation on February 18, 2025. This move is part of an ongoing buyback program, which is being executed with the assistance of Natixis under the regulatory framework of UK MAR and EU MAR. By repurchasing shares, Shell aims to enhance shareholder value and strengthen its market position.

More about Shell (UK)

Shell plc is a leading company in the oil and gas industry, focusing on the exploration, production, refining, and marketing of oil and natural gas. It also has a significant presence in renewable energy and aims to transition towards more sustainable energy solutions.

YTD Price Performance: 9.68%

Average Trading Volume: 12,234,152

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £162.2B

For detailed information about SHEL stock, go to TipRanks’ Stock Analysis page.

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