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Shell reports larger than expected earnings drop and unveils stock buyback

Business

This story incorporates reporting from NBC New York , Benzinga.com , Business Insider and NECN . Shell reported a larger-than-expected decline in adjusted earnings for the fourth quarter as the company navigates challenging market conditions. Despite the downturn, Shell announced a share buyback program worth $3.5 billion, seeking to reassure investors and demonstrate financial resilience. The earnings shortfall was attributed to lower oil and gas prices, along with increased operational

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Shell reports larger than expected earnings drop and unveils stock buyback https://qz.com/ - 30.01.2025 08:51
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