BuybackJul 30, 2026, 08:13 AM
Shell Announces $4.232B Share Buyback Program; Q2 Dividend $0.3906/Share
AI Summary
Shell plc announced a new share buyback program totaling $4.232 billion, combining a new $3.000 billion authorization with $1.232 billion from a previously suspended program. The program aims to reduce the company's issued share capital and is expected to be completed before the Q3 2026 results announcement. Additionally, the company declared an interim dividend of $0.3906 per ordinary share for the second quarter of 2026, payable on September 21, 2026.
Key Highlights
- New share buyback program totaling $4.232 billion announced.
- Program includes $3.000 billion new authorization and $1.232 billion from a prior suspended program.
- The buyback is expected to be completed before Q3 2026 results, by October 23, 2026.
- Maximum of 565,550,000 ordinary shares may be repurchased under the program.
- Q2 2026 interim dividend declared at $0.3906 per ordinary share.
- Dividend for American Depositary Shares (ADSs) is $0.7812 per ADS.
- The dividend payment date is scheduled for September 21, 2026.
Price Impact
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