REG-Shell announces commencement of a share buyback programme
Shell plc announced the commencement of a share buyback programme totaling approximately $4.232 billion, consisting of $3.0 billion in new buybacks and $1.232 billion remaining from a previously suspended program. The program, with an aggregate term of roughly three months, aims to reduce issued share capital and will be executed via a single broker across London and Netherlands exchanges.
Key figures
- Max shares
- 565550000
- New buyback amount
- $3.000 billion
- London contract max
- $2.821 billion
- Netherlands contract max
- $1.411 billion
- Suspended buyback amount
- $1.232 billion
AI analysis
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