Got this notification from ibkr : “Summary: Spin-Off: SHELL@AEB IBCS 2023/11/11 20:33:18 Spin-Off: SHELL@AEB SHELL@AEB (Name: SHELL PLC) announced a spin-off, effective 20231116. The terms of the spin-off are 1 : 1.
ISIN: GB00BP6MXD84
Please note that this Corporate Action Event is mandatory. No further action is required from you.”
Since then I am trying to find out what this is about . Posted in interactive brokers and searched online news didn't find any more details . I find incredible than a stock spin off is happening and there is only rumors of a spin off are mentioned from july this year
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