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Shell (SHEL) Advances Share Buyback Program with $63.8 Million Purchase

Shell (SHEL) Advances Share Buyback Program with $63.8 Million Purchase

Yahoo18 hours ago

Shell plc (NYSE:SHEL) is one of the 11 best European stocks to invest in. On June 24, the company confirmed the repurchase of 3.3 million shares across multiple trading avenues. The repurchase is part of the company's push to return value to shareholders.
The repurchase is also part of Shell's buyback program, announced on May 2, 2025. The program is scheduled to continue through July 25, 2025, with BNP Paribas managing trading decisions independently. The transactions are executed through on-market and off-market mechanisms. The continued repurchase of shares affirms a strong commitment to capital return for shareholders.
Shell plc (NYSE:SHEL) is a global energy company headquartered in the UK. It explores for, produces, refines, and markets oil and natural gas, while also manufacturing chemicals and lubricants. Its key businesses include Integrated Gas, Upstream, and Downstream, with growing investments in low-carbon energy sources such as biofuels, hydrogen, and electric vehicle charging.
While we acknowledge the potential of SHEL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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FirstGroup (LON:FGP) Could Be A Buy For Its Upcoming Dividend
FirstGroup (LON:FGP) Could Be A Buy For Its Upcoming Dividend

Yahoo

time21 minutes ago

  • Yahoo

FirstGroup (LON:FGP) Could Be A Buy For Its Upcoming Dividend

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that FirstGroup plc (LON:FGP) is about to go ex-dividend in just three days. The ex-dividend date is usually set to be two business days before the record date, which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. This means that investors who purchase FirstGroup's shares on or after the 3rd of July will not receive the dividend, which will be paid on the 8th of August. The company's upcoming dividend is UK£0.048 a share, following on from the last 12 months, when the company distributed a total of UK£0.065 per share to shareholders. Looking at the last 12 months of distributions, FirstGroup has a trailing yield of approximately 2.8% on its current stock price of UK£2.312. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. As a result, readers should always check whether FirstGroup has been able to grow its dividends, or if the dividend might be cut. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. FirstGroup paid out a comfortable 32% of its profit last year. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. The good news is it paid out just 5.7% of its free cash flow in the last year. It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. See our latest analysis for FirstGroup Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. It's encouraging to see FirstGroup has grown its earnings rapidly, up 75% a year for the past five years. Earnings per share have been growing very quickly, and the company is paying out a relatively low percentage of its profit and cash flow. This is a very favourable combination that can often lead to the dividend multiplying over the long term, if earnings grow and the company pays out a higher percentage of its earnings. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. In the last three years, FirstGroup has lifted its dividend by approximately 81% a year on average. Both per-share earnings and dividends have both been growing rapidly in recent times, which is great to see. Is FirstGroup an attractive dividend stock, or better left on the shelf? We love that FirstGroup is growing earnings per share while simultaneously paying out a low percentage of both its earnings and cash flow. These characteristics suggest the company is reinvesting in growing its business, while the conservative payout ratio also implies a reduced risk of the dividend being cut in the future. FirstGroup looks solid on this analysis overall, and we'd definitely consider investigating it more closely. In light of that, while FirstGroup has an appealing dividend, it's worth knowing the risks involved with this stock. In terms of investment risks, we've identified 1 warning sign with FirstGroup and understanding them should be part of your investment process. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

Canada's liquefied natural gas touted — and doubted — as a green ‘transition' fuel
Canada's liquefied natural gas touted — and doubted — as a green ‘transition' fuel

Hamilton Spectator

time26 minutes ago

  • Hamilton Spectator

Canada's liquefied natural gas touted — and doubted — as a green ‘transition' fuel

CALGARY - Canada's first liquefied natural gas cargoes will soon arrive on Asian shores, a milestone touted — and doubted — as a boon for global emissions-cutting efforts. 'Cleaner energy around the world is what I think about when I think about LNG,' Shell Canada country chair Stastia West said in an onstage interview at the Global Energy Show in Calgary earlier this month. Shell and four Asian companies are partners in LNG Canada in Kitimat, B.C., the first facility to export Canadian gas across the Pacific in an ultra-chilled liquid state using specialized tankers. A handful of other projects are either under construction or in development on the B.C. coast. Alberta Premier Danielle Smith told the energy show that Canadian oil and gas exports can be an 'antidote' to the current geopolitical chaos. 'And it comes with an added benefit: lower global emissions. By moving more natural gas, we can also help countries transition away from higher emitting fuels, such as coal.' Smith cited a recent Fraser Institute study that suggested if Canada were to double its natural gas production, export the additional supply to Asia and displace coal there, it would lead to an annual emissions cut of up to 630 million tonnes annually. 'That's almost 90 per cent of Canada's total greenhouse gas emissions each year,' Smith said. The authors of the Fraser Institute study, released in May, argued that Canada's ability to reduce emissions elsewhere should be factored into its climate policy. 'It is important to recognize that GHG emissions are global and are not confined by borders,' wrote Elmira Aliakbari and Julio Mejía. 'Instead of focusing on reducing domestic GHG emissions in Canada by implementing various policies that hinder economic growth, governments must shift their focus toward global GHG reductions and help the country cut emissions worldwide by expanding its LNG exports.' Some experts see a murkier picture. 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A major component of natural gas is methane, a greenhouse gas about 80 times more potent than carbon dioxide over a 20-year time frame, according to the Intergovernmental Panel on Climate Change. Methane that leaks from tanks, pipelines and wells has been a major issue that industry, government and environmental groups have been working to tackle. 'Have we actually accounted for all the leakage along the whole pipeline? Have we accounted for the actual under-reporting of methane emissions happening in B.C. and Canada?' asked Singh. Even if LNG does have an edge over coal, thinking about it as a 'transition' or 'bridge' fuel at this juncture is a problem, she said. 'The time for transition fuels is over,' she said. 'Let's just be honest — we are in a climate crisis where the time for transition fuels was over a decade ago.' This report by The Canadian Press was first published June 29, 2025.

Streeting confident about welfare vote amid criticism of ‘two-tier' Pip plans
Streeting confident about welfare vote amid criticism of ‘two-tier' Pip plans

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  • Yahoo

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The Health Secretary signalled confidence that the Government will win a crunch vote on welfare reforms next week, but did not rule out further concessions. Wes Streeting said the changes 'have put us in a much better position' and give 'peace of mind' to those currently in receipt of personal independence payments. The Government's original welfare package had restricted eligibility for Pip, but in a climbdown to stave off a backbench rebellion, the changes will now only apply to new applicants. Mr Streeting said this was not unusual for such a transition. 'When things change and evolve as you bring in new systems, it does change sometimes from group to group, student finance being an example,' he told the BBC's Sunday With Laura Kuenssberg programme. He said 'we've got to listen' when asked if further concessions could be made on Pip. Unite general secretary Sharon Graham has called for the Government to start from scratch on the Bill and said the latest plans were 'divisive and sinister'. 'Creating a two-tier system where younger disabled people and those who become disabled in the future will be disadvantaged and denied access to work and education, is morally wrong,' she said. Disabled Labour MP Olivia Blake said the proposed changes had been 'plucked from the air'. 'This could form an unethical two-tier system that treats two people with the exact same injury or illness differently,' she told The Guardian. The Health Secretary told Sky News's Sunday Morning With Trevor Phillips that the changes 'have put us in a much better position'. 'As a result of the changes, it means anyone watching this morning who's in receipt of personal independence payments now has the peace of mind of knowing that their situation is protected,' he said. Labour MP Louise Haigh meanwhile said she planned to back the Welfare Bill next week but needed to see the full detail of the new plans on Monday. The former Cabinet minister also said it was a moment for the Government to 'reset'. 'I think this is a moment and an opportunity to reset the Government's relationship with the British public and to move forward, to adopt a different approach to our economic policy and our political strategy,' she told the BBC. On Saturday, the Prime Minister told the Welsh Labour conference the 'broken' welfare system must be fixed 'in a Labour way'. The original plans restricted eligibility for Pip and cut the health-related element of universal credit Existing recipients were to be given a 13-week phase-out period of financial support in an earlier move that was seen as a bid to head off opposition. Now, the changes to Pip will be implemented in November 2026 and apply to new claimants only, while all existing recipients of the health element of universal credit will have their incomes protected in real terms. The concessions on Pip alone protect some 370,000 people currently receiving the allowance who were to lose out after reassessment. Ministers had hoped the reforms would get more people back into work and save up to £5 billion a year, but the concessions left Chancellor Rachel Reeves needing to find money elsewhere and point to possible tax rises in the autumn.

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