Shell Launches $3.5 Billion Buyback After Earnings Beat Forecasts
Provided by
Dow Jones
By Christian Moess Laursen
Shell's first-quarter adjusted earnings fell by less than expected, buoyed by strong margins from crude and oil trading, while the energy giant kicked off a $3.5 billion share buyback program as it hurries to close the valuation gap to U.S. rivals.
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
May 02, 2024 02:25 ET (06:25 GMT)
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