Transaction in Own Shares
Portfolio Pulse from
Shell plc announced the purchase of its own shares on January 16, 2025, as part of its ongoing share buy-back program. The company bought shares on the LSE and XAMS trading venues.
January 16, 2025 | 6:15 pm
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POSITIVE IMPACT
Shell plc purchased 1,058,500 shares on the LSE and 695,500 shares on XAMS as part of its share buy-back program. This action is likely to support the stock price by reducing the number of shares outstanding.
The buy-back reduces the number of shares outstanding, which can increase earnings per share and support the stock price. The purchase on major exchanges like LSE and XAMS indicates a significant commitment to the buy-back program.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100