Transaction in Own Shares
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Shell plc announced the purchase of its own shares as part of its ongoing buy-back program. On January 13, 2025, Shell bought 1,050,000 shares on the LSE and 708,000 shares on XAMS. This is part of a previously announced buy-back program.
January 13, 2025 | 6:00 pm
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POSITIVE IMPACT
Shell plc has repurchased 1,050,000 shares on the LSE and 708,000 shares on XAMS as part of its share buy-back program. This action is likely to positively impact the stock price by reducing the number of shares outstanding.
The repurchase of shares reduces the total number of shares outstanding, which can increase earnings per share and potentially boost the stock price. This is a continuation of Shell's previously announced buy-back program, indicating a strategic move to return value to shareholders.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90