11th Aug 2011 17:27
Royal Dutch Shell plc (the `Company') announces its intention to commence a share buyback programme in accordance with authority granted by shareholders at the Company's 2011 Annual General Meeting. The purpose of the share buy-back programme is to offset dilution created by the issuance of shares for the Company's Scrip Dividend Programme.
The Company expects to purchase only B ordinary shares, which will be cancelled. At this time, it is less economic for the Company to purchase A ordinary shares under the share buy-back programme due to Dutch dividend withholding Tax rules
XLONRelated Shares:
RDSA.LRDSB.L