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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Woodside Petroleum Limited | ASX:WPL | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 28.97 | 28.97 | 29.00 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Ian Walker
Royal Dutch Shell PLC (RDSA.LN) said Monday that it is selling 71.6 million shares in Woodside Petroleum Ltd. (WPL.AU) for 31.10 Australian dollars ($23.78) a share, raising A$2.2 billion as it seeks to lower its debt mountain.
Shell said it is selling the shares to two investment banks and expects the deal to be completed on Tuesday.
Shell will own a 4.8% interest in Woodside after the sale, and it has agreed not to sell any more shares in the Australian oil company for at least 90 days thereafter.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
November 13, 2017 03:40 ET (08:40 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
1 Year Woodside Petroleum Chart |
1 Month Woodside Petroleum Chart |
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