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Shell beats estimates as profit hits $7.7bn, unveils $3.5bn buyback

By Frank Prenesti

Date: Thursday 02 May 2024

(Sharecast News) - Oil and gas giant Shell on Thursday reported much better-than-expected first-quarter earnings on the back of higher margins from crude and oil products trading and also unveiled a new $3.5bn share buyback.
Adjusted earnings rose 6% to $7.7bn for the first three months of the year, smashing estimates...

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