Royal Dutch Shell Plc  .com Rotating Header Image

Shell to return $125B to shareholders in 5 years

Royal Dutch Shell PLC RDSB expects to return $125 billion or more to shareholders from 2021 to 2025 via dividends and buybacks, the Anglo-Dutch company said Tuesday.

The integrated energy giant raised its guidance for organic free cash flow in 2025 to $35 billion at an oil price of $60 a barrel.

Shell said the expected shareholder returns are an increase on the period ending in 2020, where shareholder returns are anticipated at around $90 billion.

The company said it expects to raise its dividend when it is closer to completing the current $25 billion share-buyback program. Shell maintained its quarterly dividend in the first quarter of the year at 47 cents a share.

The company will invest an average of $30 billion in capital expenditure a year during the period, capped at $32 billion a year. This includes minor acquisition spend of up to $1 billion but excludes major inorganic opportunities.

Shell said it has re-focused its strategic themes into three categories–core upstream, leading transition and emerging power–to shape its portfolio and drive capital allocation.


This website and sisters,,,, and, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.