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SHELL AND DIVIDEND INCREASE

1.Shell's Financial Results in 2023:

- Shell $SHEL+0.3% beat expectations with a profit of $28.25 billion, although it recorded a 29% decline compared to the previous year.

2. Dividends and Share Buybacks:

- Despite the drop in profits, Shell $SHEL+0.3% announced a 4% dividend increase and the launch of a $3.5 billion share buyback program.

3. Fourth Quarter Results:

- Results for the final quarter delivered a profit of $7.31 billion, supported by lucrative margins from natural gas trading.

4. Financial Health and Debt:

- Shell $SHEL+0.3% minimized net debt to $43.5 billion and completed a share buyback program. However, the stock has seen a decline.

How do you assess Shell's strategic decisions, including increasing the dividend, initiating a new share buyback program, and minimizing net debt, in response to its 2023 results?

SHEL

Shell

SHEL
$62.79 $0.21 +0.34%
Fair Price: $42.04
Igzmyz: 74.32%
Undervalued
Overvalued
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