1528 GMT - Shell is expected to maintain its share buyback at $14 billion in 2025 and could increase its dividend per share by 10% to 20% as early as 2026-27, Barclays analysts write ahead of the British energy major's capital markets day next week. An uptick in its dividend per share is achievable because Shell has been retiring an average of 7% of its shares per year for the past three years, the analysts write. This means that the total dividend amount can be kept roughly flat at around $9 billion, the analysts write. Shares rise 0.5% to 2,690.50 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
March 18, 2025 11:28 ET (15:28 GMT)
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