Royal Dutch Shell (RDSA:LN; £23.99--July 31; Buy)Woodside shareholders reject Shell buyback. Shouldn't be a huge surprise but means Shell will have to re-think its options. Woodside shareholders rejected a proposal for a $2.7B buyback of part of Shell's remaining stake. Shell has a remaining 13.6% holding in Woodside now worth $4.35B at market price and will most likely sell this in the market now over time. Shell has received ~$8B of cash out of......
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