Shell Plc
Description
Commenced the second tranche of its $8.5 billion of share buybacks previously announced on Feb. 3. In the second tranche of this buyback program, the company has entered into an irrevocable, non-discretionary arrangement with a broker to enable the purchase of ordinary shares for a period up to and including July 22. The aggregate maximum consideration for the purchase of ordinary shares under the second tranche of the program is $4.5 billion. All shares repurchased as part of this arrangement will be canceled.