ID:
1532589432520260200
Thu, 2018-07-26 07:06
LONDON: Royal Dutch Shell launched a long-anticipated $25 billion share buyback program on Thursday as its debt eased while second quarter profits came in far below forecasts.
The share repurchase program, promised following the $54 acquisition of BG Group in 2016, is the clearest signal yet that the world’s second-largest oil company has recovered from a bruising three-year downturn in the energy sector.
Main category:
0 Comments