ABU DHABI / WAM The Central Bank announced a decrease in money supply aggregate M1 …
Read More »Shell starts buybacks even as profit misses expectations
Bloomberg Royal Dutch Shell Plc finally gave investors the share buybacks they’ve been demanding, even as profit fell short of expectations despite resurgent crude prices. The Anglo-Dutch energy producer said that it is starting a $25 billion share-repurchase programme, initially buying up $2 billion of stock over three months. That should soothe investors who have grown increasingly anxious about when …
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