INSTANT VIEW-Reaction to Shell scrapping dual share structure - NewsBreak
By Sain in Business
Updated 2 years ago
LONDON, Nov 15 (Reuters) - Royal Dutch Shell will scrap its dual share system in favour of a single class of shares to boost shareholder payouts and simplify its structure, it said on Monday. MARKET REACTION: Shares in Royal Dutch Shell rose 1.8% in early European trade after the announcement.