Shell plc (SHEL) Commences Second $4.5B Tranche of Share Buyback
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Shell announces the second tranche of the share buyback programme
May 5, 2022 2:03 AM UTCShell plc
Shell announces the second tranche of the share buyback programme
May 5, 2022
Shell plc (the company) today announces the commencement of trading in the second tranche of its US$ 8.5 billion share buyback programme previously announced on February 3, 2022. The company completed the first tranche of this share buyback programme (the initial tranche) on May 4, 2022. In aggregate, between February 3, 2022 and May 4, 2022, the company repurchased 148,200,897Â ordinary shares for an aggregate consideration of $4 billion. It is intended that, subject to market conditions, the second tranche of this buyback programme (the second tranche) will be completed... More
