Transaction in Own Shares
Portfolio Pulse from
Shell plc announced the purchase of its own shares on November 28, 2024, as part of its ongoing share buy-back program. The company bought shares on the LSE and XAMS trading venues.
November 28, 2024 | 6:00 pm
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POSITIVE IMPACT
Shell plc has executed a share buy-back, purchasing 999,400 shares on the LSE and 776,700 shares on XAMS. This is part of their ongoing buy-back program.
The share buy-back indicates Shell's confidence in its financial health and is likely to positively impact the stock price by reducing the number of shares outstanding, potentially increasing earnings per share.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90