Why did Shell shares fall to a 25 year low after the reorganisation??

Shell is facing demand issues due to the pandemic (lesser production of goods) and cut its dividend for the first time since WWII with as 9,000 job losses by the end of 2022.

In addition, the biggest challenge is with increased awareness of environmental issues and the company has to restructure to reduce greenhouse emissions and move to cleaner energy. What is troubling for investors is that executives were unable to explain how capital allocation plans would change and what this meant for its energy transition plans. This means that there is no concrete pathway or roadmap for the change to more sustainable sources of energy.

Until environmentalists and ethical investors are certain and optimistic about the company's roadmap to sustainability and cleaner energy, share price is likely to remain low.​​​