0952 GMT - Shell's preference for share buybacks over dividends could become an issue for yield-oriented investors, HSBC analysts write. U.S. investors are typically more comfortable with buybacks than European investors, the analysts add. The analysts say that they are sympathetic to Shell's view that buying back shares is a good way generate per-share growth in a mature industry. However, the move will cause dividend yields to fall, they write. Shares trade flat at 2,796 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
April 02, 2025 05:52 ET (09:52 GMT)
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