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An announcement from Shell (UK) ( (GB:SHEL) ) is now available.
Shell plc announced the repurchase of its shares as part of its ongoing buy-back program. This strategic move aims to enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share and signaling confidence in the company’s financial stability and market position. The buy-back is being executed by Citigroup Global Markets Limited and adheres to both EU and UK market regulations.
More about Shell (UK)
Shell plc is a leading global group in the energy and petrochemical industry, focusing on the exploration, production, refining, and marketing of oil and natural gas, alongside renewable energy sources and technology advancements.
YTD Price Performance: -1.12%
Average Trading Volume: 12,771,460
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £148.8B
For a thorough assessment of SHEL stock, go to TipRanks’ Stock Analysis page.
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