Shell plc Continues Share Buy-Back Programme

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Shell (UK) ( (GB:SHEL) ) has provided an update.

Shell plc announced a share buy-back transaction on 18 December 2024, purchasing a total of 2,043,200 shares across various trading venues. This action is part of the company’s ongoing share buy-back programme initiated on 31 October 2024, aimed at consolidating its market position and optimizing shareholder value. The programme adheres to regulatory frameworks such as the UK Listing Rules and the Market Abuse Regulation.

More about Shell (UK)

Shell plc is a global energy company involved in a wide range of energy-related activities, including oil and gas exploration, production, and distribution. The company also focuses on the development and sale of cleaner energy solutions, aligning with market trends towards sustainable energy sources.

YTD Price Performance: -2.27%

Average Trading Volume: 14,124,936

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £147.3B

Learn more about SHEL stock on TipRanks’ Stock Analysis page.

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