The group holds its management day today. The main news is: - Scrip dividend programme to be cancelled with effect from the Q4 17 dividend. - Annual organic free cash flow outlook increased to $25-30bn by 2020, at $60 per barrel (real terms 2016). This is $5bn more than the outlook Shell provided during its capital markets day in June 2016. - The delivery of new projects continues, and the company remains on track to deliver 1mboed and $10bn of cash flow from operations from new projects by 2
28 Nov 2017
First view on Shell's Management Day
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First view on Shell's Management Day
Shell Plc (SHEL:LON) | 2,928 585.7 0.7% | Mkt Cap: 186,863m
- Published:
28 Nov 2017 -
Author:
Alexandre Andlauer -
Pages:
2
The group holds its management day today. The main news is: - Scrip dividend programme to be cancelled with effect from the Q4 17 dividend. - Annual organic free cash flow outlook increased to $25-30bn by 2020, at $60 per barrel (real terms 2016). This is $5bn more than the outlook Shell provided during its capital markets day in June 2016. - The delivery of new projects continues, and the company remains on track to deliver 1mboed and $10bn of cash flow from operations from new projects by 2