Shell Stock Climbs on Strong Earnings, $3.5B Buyback Boost
1. Shell posted $5.58 billion in Q1 earnings, exceeding expectations. 2. The company announced a $3.5 billion share buyback program. 3. This marks the 14th consecutive quarter of significant buybacks. 4. Shell's shares rose about 3% after the announcement. 5. Rival BP reduced its buybacks, indicating Shell's strength.