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Thursday, August 01, 2024 1:01:15 PM
https://finance.yahoo.com/news/shell-announces-commencement-share-buyback-060300637.html
https://www.shell.com/investors/results-and-reporting/quarterly-results/latest-results.html#quarterly-results-presentation%20%20
The new buyback program is in addition to the $7B of buybacks SHEL executed during 2024 to date. Despite these buybacks, SHEL reduced its net debt by $2B during 2Q24.
2Q24 CC slides:
https://www.shell.com/investors/results-and-reporting/quarterly-results/latest-results/_jcr_content/root/main/section/simple/call_to_action_copy/links/item2.stream/1722485175909/97dd415ca93d3e812567420bd4e2c9f56cdbaeef/q2-2024-slides.pdf
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
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