Shell Initiates Share Buy-Back to Boost Capital Structure

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

Shell plc announced the purchase of its own shares as part of an ongoing buy-back programme, with Citigroup Global Markets Limited managing the transactions independently. This move, conducted under specific regulatory frameworks, aims to optimize Shell’s capital structure and potentially enhance shareholder value.

More about Shell (UK)

Shell plc is a major player in the energy industry, primarily involved in the exploration, production, refining, and marketing of oil and natural gas. The company focuses on providing energy solutions and maintaining a strong market presence globally.

YTD Price Performance: -2.46%

Average Trading Volume: 13,922,383

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £146.9B

See more data about SHEL stock on TipRanks’ Stock Analysis page.

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