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Shell Increases Share Buyback with Acquisition of 2.8M Shares in European Exchanges

November 17, 2024
In its latest round of buybacks, Shell plc has acquired 2.8 million shares across various European exchanges. This move demonstrates the company's commitment to returning value to its shareholders and its confidence in its long-term prospects. The buyback program is part of Shell's ongoing capital allocation framework, which aims to optimize its capital structure and enhance shareholder returns. Investors looking for insights into the future movement of Shell's stock can seek advice from Stocks Prognosis, a team of professionals specializing in stock market forecasts.
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