Shell plc (RYDAF)
- GlobeNewswire
Transaction in Own Shares
Transaction in Own Shares 7 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company’) announces that on 7 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 shareVenueCurrency07/05/2024587,067£29.1200£28.8750£29.0111LSEGBP07/05/2024151,752£29.0900£28.8850£29.0337Chi-X (CXE)GBP07/
- 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
SINGAPORE (Reuters) -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 said Malaysia is important to the company. Saudi Aramco declined to comment on Monday.
