British oil major, Shell on Tuesday announced plans to increase shareholder returns and cut spending while expanding its liquefied natural gas business.
Ahead of its Capital Markets Day 2025, Shell announced plans to increase shareholder distributions to 40-50% of cash flow from operations, up from the previous 30-40% range.
The company will maintain a 4% annual increase in dividends and aims to grow free cash flow per share by over 10% annually through 2030.