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Shell (UK) ( (GB:SHEL) ) has provided an update.
Shell plc announced the purchase of its own shares as part of an ongoing buy-back program initiated on January 30, 2025. The program aims to optimize capital structure and enhance shareholder returns, with trading decisions made by Natixis under specified regulatory frameworks. This strategic move is expected to reinforce Shell’s market position and provide value to its stakeholders.
More about Shell (UK)
Shell plc is a major player in the energy industry, primarily involved in the production and distribution of oil and gas. It is focused on transitioning to sustainable energy solutions while maintaining a strong presence in traditional energy markets.
YTD Price Performance: 6.83%
Average Trading Volume: 12,503,690
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £160.1B
For detailed information about SHEL stock, go to TipRanks’ Stock Analysis page.