SHEL's profit margin in the Refining segment has dropped 30% sequentially, mainly due to a decline in the demand for refined products globally.
Transaction in Own Shares 09 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company’) announces that on 09 October 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 shareVenueCurrency09/10/2024950,000 £25.8900£25.6300£25.7633LSEGBP09/10/2024- £0.0000£0.0000£0.0000Chi-X (CXE)GBP0
The naphtha supply deal strengthens the long-standing partnership between SHEL and QatarEnergy. QatarEnergy will supply 18 million metric tons of naphtha to Shell for 20 years.