Shell's Former Chief Executive Sparks Speculation on Potential New York Stock Exchange Listing

Tuesday, 9 April 2024, 13:21

Former Shell CEO Ben van Beurden suggests the possibility of the company moving its listing from the London Stock Exchange to New York due to US investors' more positive sentiment towards fossil fuels. Van Beurden highlights concerns about Shell being undervalued in the UK market compared to its US peers. This move could have significant implications for investors and the oil industry as a whole.
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Shell's Former Chief Executive Sparks Speculation on Potential New York Stock Exchange Listing

Shell's Former Chief Executive Sparks Speculation

Former CEO Ben van Beurden has hinted at the possibility of Shell moving its listing to the New York Stock Exchange.

US Investors' Positive Sentiment

Van Beurden mentioned that US investors have a more positive outlook on fossil fuels.

Undervaluation Concerns

  • Van Beurden expressed concerns about Shell being undervalued in the UK market.
  • This move could impact the oil industry and investors significantly.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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