Global Stocks: Shell Pauses $3 Billion Share Buyback

Shell Halts $3 Billion Share Buyback Amid Acquisition Adjustments

Shell has announced a temporary suspension of its $3 billion share buyback initiative, effective from June 12 to July 14. This decision comes as the company assesses the impact of its recent acquisition of ARC Resources. During this pause, any shares that are not repurchased will be set aside for future buyback endeavors.