Shell again boosts dividend, buybacks as profits soar

"Shell announced the Board's decision to change its name to Shell plc on December 20, 2021. This change has now taken effect," Shell said in a filing. The London and Amsterdam stock exchanges will reflect the name change on Jan. 25 while the New York Stock Exchange will follow on Jan. 31.

LONDON: Shell boosted its dividend and share repurchases on Thursday after fourth quarter profits soared to $6.4 billion fueled by higher oil and gas prices and strong gas trading performance.

Shell, which moved its headquarters from The Hague to London last month, said it expected to increase its dividend by 4% in the first quarter of 2022 to $0.25 per share.