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BRIEF-Shell PLC Announces Share Buyback Programme Of $6 Bln

BRIEF-Shell PLC Announces Share Buyback Programme Of $6 Bln

Reuters · 07/28/2022 02:15
BRIEF-Shell PLC Announces Share Buyback Programme Of $6 Bln

- Shell PLC RDS A:

  • SHELL PLC 2ND QUARTER 2022 AND HALF YEAR UNAUDITED RESULTS

  • DIVIDENDS DECLARED TO SHELL PLC SHAREHOLDERS FOR Q2 2022 AMOUNT TO $0.25 PER SHARE

  • Q3 INTEGRATED GAS PRODUCTION IS EXPECTED TO BE APPROXIMATELY 890 - 940 THOUSAND BOE/D

  • QTRLY ADJUSTED EARNINGS $11,472 MILLION VERSUS $5,534 MILLION AS REPORTED A YEAR AGO

  • ANNOUNCES A SHARE BUYBACK PROGRAMME OF $6 BILLION

  • Q3 LNG LIQUEFACTION VOLUMES ARE EXPECTED TO BE APPROXIMATELY 6.9 - 7.5 MILLION TONNES

  • SHARE BUYBACK PROGRAMME OF $6 BILLION WHICH IS EXPECTED TO BE COMPLETED BY Q3 2022 RESULTS

  • Q3 UPSTREAM PRODUCTION IS EXPECTED TO BE APPROXIMATELY 1,750 - 1,950 THOUSAND BOE/D IN Q3 2022

  • SHAREHOLDER DISTRIBUTIONS ARE EXPECTED TO REMAIN IN EXCESS OF 30% OF CASH FLOW FROM OPERATING ACTIVITIES

  • Q3 PRODUCTION OUTLOOK REFLECTS THAT SALYM-RELATED VOLUMES IN RUSSIA ARE NO LONGER RECOGNISED

  • QTRLY TOTAL PRODUCTION AVAILABLE FOR SALE 2,898000 BOE/D VERSUS 3,254,000 BOE/D AS REPORTED A YEAR AGO

  • Q3 REFINERY UTILISATION IS EXPECTED TO BE APPROXIMATELY 90% - 98%

  • AT END OF Q2 2022, NET DEBT WAS $46.4 BILLION

  • Q2 2022 SEGMENT EARNINGS INCLUDED IMPAIRMENT REVERSALS OF $2,508 MILLION

  • CASH CAPITAL EXPENDITURE IS EXPECTED TO BE IN LINE WITH $23 - $27 BILLION RANGE FOR FULL YEAR

Source text for Eikon: ID:

Further company coverage: RDS A


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