The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
May 7, 2026
· 3 min read
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Shell’s profit beats expectations, raises dividend 5%
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
Shell’s profit beats expectations, raises dividend 5%
SHADIA NASRALLA AND STEPHANIE KELLY
REUTERS
PUBLISHED MAY 7, 2026
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Shell’s first-quarter profit beat estimates and hit its highest in two years at US$6.9-billion on Thursday, boosted by gains linked to the Middle East war, prompting it to raise the dividend by 5 per cent.
At the same time, it cut its quarterly share buyback program to US$3-billion from US$3.5-billion to preserve cash for its balance shee…
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