Shell: Business figures are convincing despite decline - dividends and share buybacks are increasing
According to a report from www.wallstreet-online.de, the oil company Shell recently published its quarterly figures and plans to share the good results with its shareholders. In addition to an increase in the dividend, new share buybacks are also on the horizon. Shell's results show profits continue to bubble despite a drop in sales. In the last quarter, the company generated sales of $78.73 billion, a decline of 22 percent. This decline is mainly due to the fall in oil and gas prices compared to the previous year. Despite the decline in sales, Shell continues to generate strong profits despite volatile oil price developments. This …

Shell: Business figures are convincing despite decline - dividends and share buybacks are increasing
According to a report by www.wallstreet-online.de, the oil company Shell recently published its quarterly figures and plans to share the good results with its shareholders. In addition to an increase in the dividend, new share buybacks are also on the horizon.
Shell's results show profits continue to bubble despite a drop in sales. In the last quarter, the company generated sales of $78.73 billion, a decline of 22 percent. This decline is mainly due to the fall in oil and gas prices compared to the previous year.
Despite the decline in sales, Shell continues to generate strong profits despite volatile oil price developments. This could be explained by increased demand for energy and Shell's long-term commitment to the sector.
The dividend increase and the planned share buybacks are a sign that Shell has confidence in the future and wants to offer shareholders an attractive investment. The measures could also impact Shell's share price and improve investors' perception of the company.
Overall, Shell's quarterly figures show that the company continues to be successful despite challenging market conditions and wants its shareholders to participate. This could have a long-term positive impact on the market, consumers and the industry.
Read the source article at www.wallstreet-online.de