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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 announced the purchase of 950,000 shares for cancellation, with detailed information on the number of shares, highest and lowest price paid, and volume-weighted average price paid per share. The share purchases are part of the company's existing share buy-back program, with Citigroup Global Markets Limited making trading decisions independently. The program will be conducted in accordance with relevant regulations, including the Market Abuse Regulation and the Commission Delegated Regulation. The announcement includes contact information for media inquiries and the LEI number of Shell plc.
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Transaction in Own Shares

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Shell plc announced the purchase of 900,000 shares for cancellation on February 1, 2024. The shares were bought at a volume-weighted average price of £25.0796 on the London Stock Exchange and €29.7064 on the XAMS. This purchase is part of the company's share buyback program. Citigroup Global Markets Limited will make trading decisions independently, in compliance with the relevant regulations.
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Shell announces commencement of a share buyback programme

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Shell plc has announced the commencement of a $3.5 billion share buyback program, aiming to reduce the issued share capital of the company. The program is expected to be completed before the Q1 2024 results announcement. The company has entered into an arrangement with a single broker for the purchase of ordinary shares on London and Netherlands exchanges. The maximum number of ordinary shares which may be purchased under the program is 480,000,000.
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Shell plc Fourth Quarter 2023 Interim Dividend

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Shell plc announced an interim dividend in respect of the fourth quarter of 2023 of US$ 0.344 per ordinary share. Shareholders can elect to receive dividends in US dollars, euros, or pounds sterling. The pound sterling and euro equivalent dividend payments will be announced on March 11, 2024. A different currency election date may apply to shareholders holding shares in a securities account with a bank or financial institution ultimately holding through Euroclear Nederland. Shell also offers Dividend Reinvestment Programmes (DRIPs) to enable shareholders to have their dividend payments used to purchase the Company's shares. Interested parties can find more information at https://www.shell.com/investors/dividend-information.
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Shell plc publishes fourth quarter 2023 press release

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Shell plc reported strong financial results for Q4 2023, with adjusted earnings of $7.3 billion and a total CFFO of $12.6 billion. The company also announced a 4% increase in dividend per share and a $3.5 billion share buyback program. Shell's focus on simplifying its organization led to $1 billion in structural cost reductions in 2023. However, lower refining margins and weak demand impacted the performance of the Chemicals & Products segment.
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SHELL PLC 4TH QUARTER 2023 AND FULL YEAR UNAUDITED RESULTS

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Shell PLC reported its unaudited 4th quarter 2023 and full year results, with income attributable to Shell plc shareholders of $19.4 billion for Q4 2023, a 54% decrease from Q4 2022. Adjusted Earnings and Adjusted EBITDA also decreased by 29% and 19% respectively. Net debt increased by 8.8% to $43.5 billion, with gearing at 18.8%. Shell also announced a $3.5 billion share buyback program.
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Voting Rights and Capital

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Shell plc's capital as at January 31, 2024, consists of 6,495,789,107 ordinary shares of €0.07 each, with no shares held in Treasury. Shareholders can use this figure as the denominator for the calculation to determine if they need to notify their interest in Shell plc under the FCA's Disclosure Guidance and Transparency Rules.
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Transaction in Own Shares

Rhea-AI Summary
Shell plc announced the purchase of 984,844 shares for cancellation, as part of its existing share buy-back program. The company made these purchases on the London Stock Exchange, Chi-X, and BATS, among others, with the highest price paid at £24.1150 and the lowest price at £23.8800 per share. The on- and off-market limbs of the buy-back program will be executed by Goldman Sachs International, in compliance with EU and UK market regulations.
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Transaction in Own Shares

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Shell plc announces the purchase and cancellation of 824,180 shares on January 23, 2024, as part of its existing share buy-back program. The purchases were made at a volume weighted average price of £23.7247 per share, with Goldman Sachs International making trading decisions independently of the company. The buy-back program is conducted in accordance with EU MAR and UK MAR regulations.
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Transaction in Own Shares

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Shell plc announced the purchase of 426,173 shares for cancellation as part of its existing share buy-back program. The transactions were made through on-market and off-market limbs, with Goldman Sachs International making trading decisions independently. The company will conduct the program in accordance with the Listing Rules and Market Abuse Regulation. The highest price paid for shares was £23.9350, the lowest was £23.7100, and the volume-weighted average price paid per share was £23.8197.
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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