- Shell Plc Sponsored ADR (SHEL) unveiled a $3 billion buyback after Q2 adjusted earnings rose to $9.84B, boosted by higher oil prices and record Brazil upstream production.
- Shell Plc Sponsored ADR (SHEL) agreed to sell its 35% non-operated stake in the Aphrodite gas field via BG Cyprus Ltd. to MOL Group for up to $720M; deal to close early 2027 pending approvals.
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Key facts: SHEL $3bn buyback; Aphrodite stake sale up to $720M
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Shell Plc Sponsored ADR (SHEL) unveiled a $3 billion buyback after Q2 adjusted earnings rose to $9.84B, boosted by higher oil prices and record Brazil upstream production.Shell Plc