Shell plc posted better-than-expected first quarter adjusted earnings and launched a fresh $3.5bn share buyback programme.
The oil major's adjusted profit reached $5.58bn (consensus: $4.96bn) on $69.23bn of revenues, for earnings per share of 92 US cents.
Cash flow from operations came in at $9.28bn (consensus: $9.6bn).
Net debt at period end stood at $41.52bn.
The company also declared a quarterly dividend of 35.8 US cents.
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