Royal Dutch Shell (RDS-A) Royal Dutch Shell0.47 (RDS-A) Reports Q2 EPS of $0.56, to Buyback at Least $25B
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Royal Dutch Shell (NYSE: RDS-A) reported Q2 EPS of $0.56, versus $0.44 reported last year.
Total dividends distributed to shareholders in the quarter were $3.9 billion. Today, Shell starts a share buyback programme of at least $25 billion in the period 2018-2020, subject to further progress with debt reduction and oil price conditions. In the first tranche of this programme Shell enters into an irrevocable, non-discretionary arrangement to enable the purchase of A ordinary shares and/or B ordinary shares up to the maximum aggregate consideration of $2 billion over a period of 3 months.
For earnings history and earnings-related data on Royal Dutch Shell0.47 (RDS-A) click here.
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