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Shell to begin trading under simpler, single-line share structure

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(Reuters) – Oil main Shell mentioned it will start buying and selling with a single line of shares on Monday, confirming the assimilation of its A and B shares over the weekend as a part of plans to simplify its twin share construction.

The group, which ditched “Royal Dutch” from its identify earlier this month after transferring its head workplace to Britain from the Netherlands, mentioned its shares would begin dealings on Euronext Amsterdam, the London Inventory Trade and New York Inventory Trade.

(Reporting by Juliette Portala; Modifying by Sherry Jacob-Phillips)

Supply: KFGO