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Shell plc American Depositary Shares (Each represents two Ordinary shares) - SHEL STOCK NEWS

Welcome to our dedicated page for Shell plc American Depositary Shares (Each represents two Ordinary shares) news (Ticker: SHEL), a resource for investors and traders seeking the latest updates and insights on Shell plc American Depositary Shares (Each represents two Ordinary shares) stock.

Shell plc (NYSE: SHEL) is a British multinational oil and gas company headquartered in London, England. As an integrated oil and gas company, Shell engages in the exploration, production, refining, and marketing of oil and natural gas. The company’s operations span across Europe, Asia, Oceania, Africa, and the Americas.

Shell produced an average of 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day in 2023. At the end of 2023, Shell’s reserves stood at 9.6 billion barrels of oil equivalent, with 49% consisting of liquids. The company operates refineries with a combined capacity of 1.6 million barrels per day and sells approximately 12 million tons of chemicals annually. Shell’s largest chemical plants are situated in Central Europe, China, Singapore, and North America.

In recent developments, Shell has released its 2023 report on payments to governments, complying with UK and EU regulations, and submitted this report to the National Storage Mechanism and the US SEC. The company is scheduled to publish its Q1 2024 financial results on May 2, 2024, with a strong outlook presented for its various segments including Integrated Gas, Upstream, Marketing, Chemicals & Products, and Renewables & Energy Solutions.

Shell remains committed to its energy transition strategy, aiming for net-zero emissions by 2050. The company’s operating plans and budgets are updated annually to reflect the current economic environment and include targets for Scope 1, Scope 2, and Net Carbon Intensity.

The company has also announced an interim dividend for Q1 2024, payable in multiple currencies. Shareholders can participate in Dividend Reinvestment Programs to reinvest their dividends into Shell shares.

News

Transaction in Own Shares

Rhea-AI Summary
Shell plc announces the purchase of a significant number of its own shares for cancellation as part of its existing share buy-back program. The purchases were made on various trading venues at different prices, contributing to the Company's ongoing efforts to enhance shareholder value and optimize its capital structure.
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Transaction in Own Shares

Rhea-AI Summary
Shell plc announces the purchase of own shares for cancellation as part of its share buy-back program. The company bought a total of 3,648,304 shares across various trading venues at different prices. Citigroup Global Markets will make trading decisions independently until 26 April 2024. The buy-back program is conducted in compliance with EU and UK market regulations.
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Shell first quarter 2024 update note

Rhea-AI Summary
Shell provides an update on the first quarter 2024 outlook, highlighting key financial expectations across its business segments. Adjusted EBITDA, production volumes, earnings, taxation charges, and other considerations are outlined for Integrated Gas, Upstream, Marketing, Chemicals & Products, Renewables and Energy Solutions, and Corporate. The PR also includes guidance, consensus expectations, and historical data comparisons for Q4'23 and Q1'24.
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Transaction in Own Shares

Rhea-AI Summary
Shell plc announces the purchase of 1,580,000 shares for cancellation as part of its share buy-back program. The transactions were made at varying prices on different trading venues. Citigroup Global Markets will oversee the trading decisions independently until April 26, 2024, in line with regulatory requirements.
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Director/PDMR Shareholding

Rhea-AI Summary
Shell plc announces the acquisition of dividend shares by Persons Discharging Managerial Responsibilities following the payment of an interim dividend for Q4 2023. The transactions involve various PDMRs acquiring shares under employee share plans.
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Transaction in Own Shares

Rhea-AI Summary
Shell plc announces the purchase of 1,473,050 shares at a volume-weighted average price of £27.1115 on the LSE, as part of its share buy-back program. Citigroup Global Markets will manage trading decisions independently until 26 April 2024. The program complies with EU and UK regulations.
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Transaction in Own Shares

Rhea-AI Summary
Shell plc announces the purchase of own shares for cancellation as part of its share buy-back program, with Citigroup Global Markets making trading decisions independently until 26 April 2024. The program will be conducted in compliance with EU MAR and UK MAR regulations.
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Voting Rights and Capital

Rhea-AI Summary
Shell plc discloses its total voting rights and capital structure, consisting of 6,435,215,050 ordinary shares of €0.07 each as of March 28, 2024, with no shares held in Treasury. Shareholders can use this figure to determine notification requirements under the FCA's Disclosure Guidance and Transparency Rules.
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Director/PDMR Shareholding

Rhea-AI Summary
Shell plc announces transactions by persons discharging managerial responsibilities involving sale and repurchase of shares. Philippa Bounds sold 10,725 shares, while Brian Bounds repurchased 10,663 shares. The transactions took place on March 25, 2024, at the London Stock Exchange.
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Transaction in Own Shares

Rhea-AI Summary
Shell plc announces the purchase of a significant number of its own shares for cancellation as part of the existing share buy-back program. The transactions were conducted on various trading venues at different prices, contributing to the company's strategic financial management.
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FAQ

What is the current stock price of Shell plc American Depositary Shares (Each represents two Ordinary shares) (SHEL)?

The current stock price of Shell plc American Depositary Shares (Each represents two Ordinary shares) (SHEL) is $66.03 as of November 22, 2024.

What is the market cap of Shell plc American Depositary Shares (Each represents two Ordinary shares) (SHEL)?

The market cap of Shell plc American Depositary Shares (Each represents two Ordinary shares) (SHEL) is approximately 201.8B.

What does Shell plc do?

Shell plc is a British multinational oil and gas company involved in the exploration, production, refining, and marketing of oil and natural gas.

Where is Shell plc headquartered?

Shell plc is headquartered in London, England.

What are Shell's recent achievements?

In 2023, Shell produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day, with reserves of 9.6 billion barrels of oil equivalent.

What is Shell's net-zero emissions target?

Shell aims to achieve net-zero emissions by 2050, with annual updates to their operating plans and budgets reflecting this goal.

How does Shell report its payments to governments?

Shell complies with UK and EU regulations and submits its payment reports to the National Storage Mechanism and the US SEC.

When will Shell's Q1 2024 financial results be published?

Shell's Q1 2024 financial results are scheduled to be published on May 2, 2024.

What is the capacity of Shell's refineries?

Shell operates refineries with a combined capacity of 1.6 million barrels per day.

Where are Shell's largest chemical plants located?

Shell's largest chemical plants are located in Central Europe, China, Singapore, and North America.

Does Shell offer a Dividend Reinvestment Program?

Yes, Shell offers Dividend Reinvestment Programs that allow shareholders to reinvest their dividends into Shell shares.

What are Shell's main business segments?

Shell's main business segments include Integrated Gas, Upstream, Marketing, Chemicals & Products, and Renewables & Energy Solutions.

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Shell plc American Depositary Shares (Each represents two Ordinary shares)

NYSE:SHEL

SHEL Rankings

#54 Ranked by Market Cap
#690 Ranked by Dividends

SHEL Stock Data

201.77B
3.07B
0.01%
12.07%
0.14%
Oil & Gas Integrated
Energy
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United States of America
London