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Shell plc (SHEL.L)
- Globe Newswire
Transaction in Own Shares
Transaction in Own Shares 6 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company’) announces that on 6 May, 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchaseNumber of Shares purchasedHighest price paid Lowest price paid Volume weighted average price paid per shareVenueCurrency06/05/2024579,844€33.8850€33.6800€33.8322XAMSEUR06/05/2024189,531€33.8900€33.6800€33.8356CBOE DXEEUR06/05
- Reuters
Shell to exit South Africa's downstream businesses
Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday. "As a result of this review, Shell has decided to reshape the downstream portfolio and intends to divest our shareholding in SDSA ... this decision was not taken lightly," a Shell statement said. Shell Downstream SA (SDSA) was formed after Shell South Africa and black empowerment company, Thebe Investment Corporation, agreed a decade ago to merge Shell South Africa Marketing and Shell South Refining businesses.
- Reuters
Exclusive-Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say
Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of the discussions said, and a deal could be worth up to $1 billion. Shell declined to comment on the talks but said Malaysia is an important country to the company. Saudi Aramco also declined to comment.
