CNBC
Royal Dutch no more — Shell officially changes name
PUBLISHED FRI, JAN 21 20223:00 PM EST
KEY POINTS
- The London and Amsterdam stock exchanges will reflect the name change on Jan. 25 while the New York Stock Exchange will follow on Jan. 31.
- The change will not affect share ownership.
- The shares will follow a single line of ordinary shares on Jan. 29.
Shell officially changed its name on Friday, ditching “Royal Dutch”, which has been part of its identity since 1907, following plans to scrap its dual share structure and move its head office from the Netherlands to Britain.
“Shell announced the Board’s decision to change its name to Shell plc on December 20, 2021. This change has now taken effect,” Shell said in a filing.
The London and Amsterdam stock exchanges will reflect the name change on Jan. 25 while the New York Stock Exchange will follow on Jan. 31. read more
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