Shell has cancelled its share buyback programme, according to a TradingView report via Google News. Morgan Stanley trading data covers the period to 1 May. Separately, six EV charging contracts have been awarded by Singapore's Housing and Development Board (HDB), though the report does not specify the winning contractors or contract values.
Why it matters: The HDB contract awards signal continued public sector procurement activity in Singapore's residential EV infrastructure rollout. Shell's financial decision may affect its capital allocation to energy transition projects, including charging networks.