LSE:SHELOil and Gas
Shell’s New US$3.5b Buyback And What It Means For Valuation
Shell (LSE:SHEL) has launched a new US$3.5b share buyback program following its Q4 results.
The company reported Q4 revenue that exceeded expectations, alongside the new capital return plan.
The buyback program adds to Shell's existing approach of returning cash to shareholders.
Shell is one of the largest integrated energy companies, with operations that span oil, gas and low carbon energy projects. The latest buyback announcement comes as investors track how major energy groups balance...