Shell Slashes Dividend as Oil Demand Collapses
Business News, Latest Headlines Thursday, April 30th, 2020
(AFRICAN EXAMINER) – Royal Dutch Shell RDSa cuts its dividend for the first time in 80 years and suspended the next tranche of its share buyback programme following the collapse in global oil demand due to the coronavirus pandemic. Chief Executive Ben van Beurden said this in a statement issued on Thursday in London. “Given […]