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No_@lemm.ee to Europe@feddit.deEnglish · 2 years ago

Shell no longer allowing journalists to participate in financial presentations

nltimes.nl

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Shell no longer allowing journalists to participate in financial presentations

nltimes.nl

No_@lemm.ee to Europe@feddit.deEnglish · 2 years ago
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Shell will no longer give press conferences when presenting its annual and quarterly results. Only financial analysts will be allowed at the presentation of the oil and gas giant’s third-quarter results and future presentations. Journalists will be allowed to call in and listen but not ask questions, Financieele Dagblad reports.
  • Chup@feddit.de
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    2 years ago

    As per the 1st sentence of the article, it’s less about being there but about asking questions:

    Shell will no longer give press conferences when presenting its annual and quarterly results.

    Journalists will be allowed to call in and listen but not ask questions

    So even when supporting Shell and buying shares to attend, there won’t be a press conference with questions and answers.

    • Bernie Ecclestoned@sh.itjust.works
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      2 years ago

      Shareholders can ask questions at shareholders meetings

      • Chup@feddit.de
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        2 years ago

        This is article is not about a shareholder meeting though. It’s naming the annual and quarterly financial presentations.

        • Bernie Ecclestoned@sh.itjust.works
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          2 years ago

          Yeah, I’ve read a bit more on it, and it’s not good. The regulations haven’t been changed since 1985, they need to be reformed with more power given to individuals.

          Problem is most people buy shares from intermediaries where you don’t actually get registered as a shareholder with the company.

      • 520@kbin.social
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        Realistically though they will only address the questions from the biggest shareholders.

        • Bernie Ecclestoned@sh.itjust.works
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          2 years ago

          Yep

          https://www.cityam.com/shells-refusal-to-answer-questions-is-an-affront-to-ordinary-shareholders/

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