Transaction in Own Shares
On 07 January 2022, Royal Dutch Shell plc announced the purchase of 1,664,000 'B' shares for cancellation as part of its previously disclosed buy-back arrangement initiated on 02 December 2021. The shares were acquired through various trading venues, including LSE, Chi-X, and BATS, at an average price ranging from £17.248 to £17.364 per share. This buy-back program is executed by BNP Paribas Exane, who will operate independently regarding trading decisions, adhering to regulatory frameworks including EU MAR and UK MAR.
- Purchase of 1,664,000 'B' shares indicates a commitment to return value to shareholders.
- Execution of buy-back program suggests confidence in the company's financial health.
- None.
| Transaction in Own Shares | ||||||
| 07 January 2022 | ||||||
| • • • • • • • • • • • • • • • • | ||||||
| Royal Dutch Shell plc (the ‘Company’) announces that on 07 January 2022 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 | |
| 07/01/2022 | 1,363,000 | 17.364 | 17.102 | 17.255 | LSE | |
| 07/01/2022 | 173,000 | 17.362 | 17.104 | 17.248 | Chi-X (CXE) | |
| 07/01/2022 | 128,000 | 17.358 | 17.108 | 17.248 | 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 purchase on 07 January 2022?
What was the average price per share during the buy-back on 07 January 2022?
Who is managing the share buy-back program for Royal Dutch Shell?
When did the buy-back arrangement for Royal Dutch Shell start?
