Transaction in Own Shares
Portfolio Pulse from
Shell plc announced the purchase of its own shares as part of its ongoing buy-back program. On February 3, 2025, Shell bought a total of 1,720,000 shares across various trading venues, including LSE, BATS, and XAMS.
February 03, 2025 | 6:30 pm
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POSITIVE IMPACT
Shell plc has repurchased 1,720,000 shares as part of its buy-back program, which could positively impact its 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 lead to a higher stock price. This action is part of Shell's ongoing buy-back program, indicating a strategic move to return value to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100