Transaction in Own Shares
Portfolio Pulse from
Shell plc announced the purchase of its own shares on 15 November 2024 as part of its ongoing share buy-back program. The company bought shares on multiple trading venues, including LSE, BATS, and XAMS.
November 15, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Shell plc has executed a share buy-back, purchasing 2,877,100 shares on 15 November 2024 across various trading venues. This action is part of its ongoing buy-back program.
The buy-back of shares typically indicates that the company believes its stock is undervalued, which can lead to a positive short-term impact on the stock price. The purchase of a significant number of shares (2,877,100) across multiple venues suggests a strong commitment to the buy-back program.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100