Shell (UK) ( (GB:SHEL) ) just unveiled an announcement. Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program set to run until January 2025.

Shell has been registered in the Netherlands for tax purposes since 2005, but its origins as a dual company dates back to 1907 when Koninklijke Olie merged with Shell Transport and Trading.

Royal Dutch Shell plans to ditch its dual share structure and move its tax residence from the Netherlands to the UK in a historic shift that sparked divided reactions on each side of the North Sea.