Oil and gas giant Shell on Thursday reported a better-than-expected second-quarter profit of $11.5bn driven by soaring energy prices.
The company also announced a share buyback programme of $6bn to start in the third quarter.
Adjusted earnings rose 26% to $11.47bn, almost $0.5bn higher than a company-compiled forecast. Income surged 154% to $18bn.
Reporting by Frank Prenesti at Sharecast.com
