Shell plc (SHEL) Reports Q4 Adjusted Earnings of $6.4B
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February 3, 2022 5:32 AM EST
The Board of Shell plc (NYSE: SHEL) today announced Fourth Quarter 2021 Interim Dividend of US$ 0.24 per ordinary share.
The Board expects that the first quarter 2022 interim dividend will be set at US$ 0.25 per share, an increase of around 4% over the US dollar dividend for the fourth quarter 2021. The first quarter 2022 interim dividend is scheduled to be announced on May 5, 2022.
Details relating to the fourth quarter 2021 interim... More
February 3, 2022 5:31 AM EST
Shell plc (NYSE: SHEL) today announces the commencement of a share buyback programme of $8.5 billion for the first half of 2022. This comprises the remaining $5.5 billion of Permian divestment proceeds and $3.0 billion as part of the companys capital allocation framework, which includes shareholder distributions in the range of 20-30% of cash flow from operations. It is intended that, subject to market conditions, this programme will be completed by the companys Q2 results, which are scheduled for July 28, 2022.
In the first tranche of this buyback programme (the initial programme), the company has entered into an irrevocable,... More
