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Oil major Shell launches $3.5 billion share buyback

Oil major Shell launches $3.5 billion share buyback after first-quarter profit beat

British oil giant Shell on Friday reported stronger-than-expected first-quarter profit and kept the pace of its share buyback program, even as earnings fell by more than a quarter compared to the same period last year.

Reuters · 3d

Shell profit beats expectations, buybacks kept steady

Shell exceeded analyst expectations on Friday, reporting a 28% drop in first-quarter net profit to $5.58 billion, while holding steady the pace of its share buyback programme despite falling oil prices and lower refining margins.

Benzinga on MSN · 2d

Shell Beats Q1 Forecast With $5.58 Billion Profit, Launches Share Buyback Amid Crude Weakness And Trade Policy Uncertainty

Shell reported better-than-expected first-quarter profit and maintained its share buyback pace, despite earnings falling over 25% from a year earlier, according to CNBC. The oil major posted $5.58 billion in adjusted Q1 earnings,

Daily Wrap on MSN1d

Shell eyes BP takeover amid falling oil prices and market shifts

The global fuel giant Shell is analysing the possibility of acquiring BP. According to Bloomberg, Shell is waiting for ...

Newsday1mon

Leaked files raise fears over safety of Shell oil production fleet, years after devastating spill

Such transfers are routine in the offshore oil industry, but something went wrong on the Bonga, owned by energy giant Shell. A major leak began in one of the lines that connected the two vessels.

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Oil major Shell launches $3.5 billion share buyback

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