Shell’s first quarter profits beat expectations at $7.7bn

Shell, Europe’s largest oil and gas company, reported a first-quarter profit of $7.7 billion (£6.1bn), exceeding analysts’ expectations by more than $1 billion (£800m).
However, this figure represents a decrease from the $9.7 billion (£7.7bn) profit recorded in the same period last year.Starting a $3.5 billion (£2.7bn) share buyback plan, projected to conclude by the announcement of Q2 2024 results.
Total shareholder distributions paid over the past four quart