On November 13th, Shell Holdings Limited (referred to as "Shell") announced that on November 10th, Shell spent $19.8811 million on the New York Stock Exchange to repurchase 4.0514 million shares of the company, with a repurchase price of $4.82 to $4.98 per share.
Previously, on November 8th, Shell released its financial results for the third quarter of 2023. The announcement shows that in the third quarter of this year, Shell achieved a total trading volume (GTV) of 655.2 billion yuan, with a cumulative GTV increase of 23% year-on-year in the first three quarters. In terms of revenue and profitability, in the third quarter of this year, Shell achieved a net income of 17.8 billion yuan, a year-on-year increase of 1.2%; The gross profit margin further increased to 27.4%; The net profit reached 1.17 billion yuan, a year-on-year increase of 63.4%.