Shell Executives Adjust Shareholdings: Strategic Moves by CEO and Chief Legal Officer
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Shell plc announced changes in shareholdings by key executives, with CEO Wael Sawan reinvesting future dividends and holding over 374,808 shares, while Chief Legal Officer Philippa Bounds sold 5,973 shares for £169,274.82. These moves reflect strategic financial decisions that may influence stakeholder perceptions. Analysts rate Shell stock (GB:SHEL) as a Buy with a £32.50 price target, citing strong financial performance but noting risks from declining revenue growth and rising operational costs. Shell is transitioning to renewable energy and has a market cap of £163.9B.
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