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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Shell plc | NYSE:SHEL | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.15 | 0.21% | 71.89 | 71.89 | 71.26 | 71.40 | 2,721,825 | 18:12:44 |
From Nov 2023 to May 2024
By Christian Moess Laursen
Shell said it agreed to sell Nigerian onshore subsidiary Shell Petroleum Development Company of Nigeria, or SPDC, for up to $2.4 billion.
The London-based energy major said Tuesday that it will receive $1.3 billion initially, with the buyer--a consortium of five companies--additionally paying up to $1.1 billion, mainly relating to prior receivables and cash balances, with the majority expected to be paid at completion of the deal.
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
January 16, 2024 04:59 ET (09:59 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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