Royal Dutch Shell Shareholders Back Headquarters Shift to London

The company will be renamed Shell PLC, losing the "Royal Dutch" title it has had for more than a century.

Toby Sterling and Ron Bousso, Reuters

Royal Dutch Shell PLC shareholders voted overwhelmingly on Dec. 10 in favor of a plan to end the company's dual share structure and move its headquarters to London from The Hague.

With roughly 58% of outstanding shares cast, a preliminary tally showed 99% of shareholders supported a special resolution enabling the corporate structure change.

Official results were expected later in the day, but no significant change was expected as the vast majority of institutional shareholders had voted early.

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