Shell will ramp up dividends and share buybacks while keeping oil output steady into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence that wavered over its energy transition plan.
into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence that wavered over its energy transition plan.
That includes a 15% dividend boost and an increase in the rate of its share buyback programme starting in the second quarter to $5 billion from $4 billion in recent quarters.
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