Shell Raises Quarterly Buyback to $5 Billion From $3 Billion
Shell increased its buyback to $5 billion from the $3 billion announced last quarter, following a strong third-quarter performance.
Shell's bumper third-quarter performance contained few surprises, AJ Bell's Russ Mould writes. As earnings jumped, the British energy major hiked its buyback to $5 billion from the $3 billion it announced last quarter. "Typically, this is a more flexible option for companies than increasing the ord…