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The Independent UK
The Independent UK
National
Pan Pylas

Shell still reviewing moving listing away from London but not a live discussion

Britain Earns Shell - (Copyright 2022 The Associated Press. All rights reserved)

Oil company Shell said Thursday that it was still mulling moving its stock market listing from London to New York. but that it wasn't a “live discussion” at the moment.

After announcing a 16% decline in full-year earnings of $23.7 billion from $28.3 billion, CEO Wael Sawan was asked if he was still considering moving Shell's listing. to close the valuation gap on its U.S. peers, notably ExxonMobil.

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