Shell is to return $125bn over five years through dividends and share buybacks
That’s more than double the $52bn handed between 2011 and 2015
Energy group expects new projects will generate $35billion
Shares in Royal Dutch Shell fell despite the oil and gas giant revealing plans to return $125billion (£99billion) to shareholders over five years through dividends and share buybacks.
This is more than double the $52million (£41billion) handed to shareholders between 2011 and 2015.
Shell said it expects to pay for that with money from new projects, which it expects will generate $35billion, assuming oil remains priced at $60 per barrel.