MARKETS

Shell announces third tranche of buyback program

SHELL has announced the commencement of trading in the third tranche of its share buyback program, worth US$2.5 billion, after reporting its full year earnings were the highest in four years.

Paul Hunt

Shell announces third tranche of buyback program

The oil giant first announced the buyback program in July last year and hopes to buy back at least $25 billion of its shares by the end of 2020, subject to further progress with debt reduction and...

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