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Shell begins with the purchase of treasury shares of a value of at least $ 25 billion.
Royal Dutch Shell A
29.96
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The stock buyback program had been announced earlier, but it was still unclear when the company would start doing it. According to the evolution of debt repayment and oil prices, the program runs until 2020.
Shell's profits in the second quarter of 2018 amounted to $ 4.7 billion dollars. That's less than the six billion that we expected.
Compared with last year, earnings rose sharply, rising to $ 3.6 billion. Sales went from $ 72 billion to nearly $ 96.8 billion.
Source • ANP
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