Royal Dutch Shell had announced that it would increase distributions to shareholders on the back of healthy profits.
Now a share buyback of two billion U.S. dollars was announced today, which is to be completed by the end of the year.
In addition, the interim dividend will rise from 0.17 to 0.24 U.S. dollars.
Shell has a mammoth task ahead of it:
The conversion from fossil fuels to renewable energy. By 2035, this sector is to become Shell's fourth pillar on an equal footing with gas, oil and chemicals.
What do you think about the dividend increase and the share buyback?
Do you see the measure as positive or would you prefer to see the money invested in the Group's restructuring? $RDS-B