Macro Finance
Shell Lifts Buyback to $5 Billion as Refining Windfall Grows
Bloomberg Markets·October 29, 2026·1 min read
Shell Plc boosted its share buyback to one of the highest levels in its history, returning more of a wartime refining windfall to investors. Disruptions across the Middle East and Russia are squeezing global fuel supplies, boosting refining profits. The move signals confidence in continued strong cash flow.
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