LONDON— Royal Dutch Shell PLC plans to consolidate its dual British and Dutch structure and relocate its headquarters to London, a move it said would help facilitate returns to shareholders and make it simpler to change up its portfolio of assets.
The oil giant said Monday that bringing an end to its complex structure should also make it easier for investors to value the company, at a time when it has committed to transitioning to low-carbon energy. Shell’s shares traded 2% higher after the announcement.
