Royal Dutch Shell PLCRDS.B,+1.13%RDSB,+1.05%said Friday that it will distribute the remaining $5.5 billion of proceeds from the sale of its Permian Basin assets in the U.S. through share buybacks. The oil-and-gas major said this is in addition to the ordinary distributions of 20%-30% of cash flow from operations.

Source: Wall Street Journal January 09, 2022 00:12 UTC