Reported 2 months ago
Shell Plc has announced impressive second-quarter earnings that exceeded expectations, alongside a confirmation of $3.5 billion in share buybacks. The company successfully reduced its net debt by over $2 billion during the quarter, highlighting financial resilience despite challenges in other areas like refining and natural gas trading. CEO Wael Sawan stated their focus remains on rewarding shareholders while ensuring strategic investments and de-leveraging.
Source: YAHOO