- Royal Dutch Shell (RDS.A, RDS.B) CEO Ben van Beurden hinted to a Dutch newspaper that the company is considering moving its headquarters to Great Britain from the Netherlands.
- A Shell spokesman later confirmed the CEO's comments to Reuters, indicating the company was looking at ways to simplify its dual structure.
- Shell has also been lobbying against the dividend withholding tax in the Netherlands, which it says makes financing dividends, buybacks and acquisitions more difficult.
- Shares of Royal Dutch Shell are off about 44% YTD.