PRN 05/22 06:00 ROYAL DUTCH SHELL PLC: Shell announces cancellation Scrip Dividend from Q2 2014
BN 05/22 06:00 *SHELL SHELL REPORTS CANCELLATION SCRIP DIV FROM 2Q '14
BN 05/22 06:00 *SHELL SHELL REPORTS CANCELLATION SCRIP DIV FROM 2Q '14
Shell to Cancel Scrip Dividends From 2Q; Plans ‘A’ Shr Buyback
2014-05-22 06:07:32.896 GMT
By James Ludden
May 22 (Bloomberg) -- 2Q interim div. and thereafter to be
in cash only.
* Will allow for more efficient buyback program
* Buybacks to offset prior dilution from scrip divs. by
end-2015
* Plans to be able to buy back “A” shrs again
* 12-month div. yield 4.73%: Bloomberg data
Link to Statement:{NSN N5YOOF3MMTC5 <GO>}
Link to Company News:{RDSA LN <Equity> CN <GO>}
For Related News and Information:
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To contact the editor responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net
2014-05-22 06:07:32.896 GMT
By James Ludden
May 22 (Bloomberg) -- 2Q interim div. and thereafter to be
in cash only.
* Will allow for more efficient buyback program
* Buybacks to offset prior dilution from scrip divs. by
end-2015
* Plans to be able to buy back “A” shrs again
* 12-month div. yield 4.73%: Bloomberg data
Link to Statement:{NSN N5YOOF3MMTC5 <GO>}
Link to Company News:{RDSA LN <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net