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Shell announces $4 billion share buyback as profits double

Por: CNN Business October 27, 2022

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London CNN Business  —  Shell will buy back $4 billion worth of shares and increase its dividend by 15% after posting thanks to strong oil and . The UK company posted net income of $9.45 billion in the third quarter, more than double the $4.1 billion it recorded a year ago. The result was driven by a strong performance in its oil exploration and production business, Shell said. The company’s stock at one point rallied more than 4% in... + full article



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