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 20, 2025, Shell bought 1,170,000 shares on the LSE and 793,300 shares on XAMS. This move is part of a previously announced buy-back program.
January 20, 2025 | 6:00 pm
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Shell plc has repurchased over 1.9 million shares as part of its buy-back program, potentially boosting its stock price by reducing the number of shares outstanding.
The repurchase of shares reduces the number of shares outstanding, which can increase earnings per share and potentially boost the stock price. This is part of Shell's ongoing buy-back program, indicating a strategic move to return value to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100