British-Dutch oil company Royal Dutch Shell has published a new strategic plan, according to which payments to shareholders during the five-year period from 2021 to 2025 will be at least $125 billion. They will be realized in the form of dividends and repurchase of shares. Over the previous 5-year period, which will end in 2020, the company plans to return to its shareholders about $90 billion. At the end of 2020, Shell will complete a $25 billion share repurchase program, after which dividends will be increased. In the first quarter of this year, shareholders received dividends of the amount of 47 cents per share. Shell also reported that its capital expenditure ratio would not exceed $32 billion per year. The target for organic free cash flow for 2025 is set at below $35 billion a year. It takes into account the cost of oil at the level of $60 per barrel.
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