Shell launches $3.5 billion buyback after earning $7.7 billion

Shell’s first-quarter adjusted earnings fell by less than expected, buoyed by strong margins from crude and oil trading, while the energy giant kicked off a $3.5 billion share buyback program as it hurries to close the valuation gap between it and its U.S. rivals.
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[mwai_chat context=”Let’s have a discussion about this article:nnShell’s first-quarter adjusted earnings fell by less than expected, buoyed by strong margins fro