Shell Continues Share Buybacks After Strong Q1 Earnings ...Middle East

OILPRICE - Economy
Shell Continues Share Buybacks After Strong Q1 Earnings
source : OILPRICE ( Middle East ) () 32
Shell (NYSE: SHEL) is launching another $3.5-billion buyback, keeping the pace of its share repurchases, after posting consensus-beating earnings for the first quarter.   Shell reported on Friday adjusted earnings of $5.58 billion for the first quarter of 2025, down by 28% from a year earlier, but higher than the analyst consensus estimate of $5.1 billion.   “Our strong performance and resilient balance sheet give us the confidence to commence another $3.5 billion of buybacks for the next three months, consistent with…

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