Shell Plc stock jumps 3% as buyback rolls on; oil rally sets up week ahead
Shell bought 2.09 million shares for cancellation Friday as part of its buyback program. The stock closed up 3.04% in London at £26.40, tracking gains in oil prices and energy shares. Brent crude rose 2.18% to $63.34 a barrel. Traders await Shell’s Feb. 5 earnings and dividend announcement.