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Shell plc Executes Strategic Share Buy-Back

Shell plc Executes Strategic Share Buy-Back

Shell plc (UK) (GB:SHEL) has released an update.

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Shell plc has announced the purchase of its own shares on April 17, 2024, as part of its existing share buy-back program, which was previously disclosed on February 1, 2024. The transactions were conducted across multiple trading venues, including the London Stock Exchange, with the aim of cancelling the purchased shares. This strategic move is executed in compliance with both the EU Market Abuse Regulation and its UK counterpart, reflecting Shell’s ongoing financial management efforts.

For further insights into GB:SHEL stock, check out TipRanks’ Stock Analysis page.

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