Transaction in Own Shares
On December 24, 2021, Royal Dutch Shell plc announced the purchase of 1,002,889 ‘B’ shares as part of its share buy-back arrangement initiated on December 2, 2021. The shares were acquired across multiple trading venues including LSE, Chi-X, and BATS, with prices ranging from £16.372 to £16.578. The average price paid per share was £16.483. This buy-back programme complies with UK and EU regulations regarding market abuse and share repurchases. BNP Paribas Exane managed the trading decisions during this period, which runs until January 28, 2022.
- Completion of the buy-back program reflects ongoing commitment to shareholder returns.
- Shares purchased at competitive prices, ensuring effective use of capital.
- None.
| Transaction in Own Shares | ||||||
| 24 December 2021 | ||||||
| • • • • • • • • • • • • • • • • | ||||||
| Royal Dutch Shell plc (the ‘Company’) announces that on 24 December 2021 it purchased the following number of 'B' Shares for cancellation. | ||||||
| Aggregated information on “B” shares purchased according to trading venues: | ||||||
| Date of purchase | Number of “B” shares purchased | Highest price paid (GBP) | Lowest price paid (GBP) | Volume weighted average price paid per share (GBP) | Venue | |
| 24/12/2021 | 663,889 | 16.578 | 16.372 | 16.483 | LSE | |
| 24/12/2021 | 196,000 | 16.578 | 16.390 | 16.502 | Chi-X (CXE) | |
| 24/12/2021 | 143,000 | 16.578 | 16.384 | 16.502 | BATS (BXE) | |
These share purchases form part of the Company's share buy-back arrangement previously announced on 02 December 2021.
In respect of this arrangement, BNP Paribas Exane will make trading decisions in relation to the Company’s securities independently of the Company for a period from 02 December 2021 up to and including 28 January 2022.
Any such share purchases will be effected within certain pre-set parameters, and in accordance with the Company's general authority to repurchase shares, Chapter 12 of the Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes (“EU MAR”) and EU MAR as “onshored” into UK law from the end of the Brexit transition period (on 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time (“UK MAR”) and the Commission Delegated Regulation (EU) 2016/1052 (“EU MAR Delegation Regulation”) and EU MAR Delegated Regulation as “onshored” into UK law from the end of the Brexit transition period (on 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time.
In accordance with EU MAR and UK MAR, a full breakdown of the individual trades made by BNP Paribas Exane on behalf of the Company as a part of the buy-back arrangement is detailed below.
Enquiries
Media International: +44 (0) 207 934 5550
Media Americas: +1 832 337 4355
LEI number of Royal Dutch Shell plc: 21380068P1DRHMJ8KU70
Classification: Acquisition or disposal of the issuer’s own shares
Attachment
FAQ
What shares did Royal Dutch Shell buy on December 24, 2021?
What was the average price of shares purchased by Shell on December 24, 2021?
Who managed Royal Dutch Shell's share buy-back program?
How does the buy-back program affect RDS.A and RDS.B shares?
What regulations does the share buy-back program comply with?
