Transaction in Own Shares
On December 6, 2021, Royal Dutch Shell announced the purchase of 1,687,000 'B' shares for cancellation as part of its share buyback program initiated on December 2, 2021. The average price paid per share was £16.809 across multiple trading venues, including LSE and Chi-X. This buyback is managed by BNP Paribas Exane, which will execute trades independently until January 28, 2022. The program complies with EU and UK regulations on share repurchases, ensuring adherence to market rules and offering shareholders a potential increase in value.
- Purchase of 1,687,000 'B' shares signifies a commitment to enhancing shareholder value.
- Shares purchased at an average price of £16.809 may reflect a strategic timing for buybacks.
- None.
| Transaction in Own Shares | ||||||
| 06 December 2021 | ||||||
| • • • • • • • • • • • • • • • • | ||||||
| Royal Dutch Shell plc (the ‘Company’) announces that on 06 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 | |
| 06/12/2021 | 1,396,000 | 16.908 | 16.648 | 16.809 | LSE | |
| 06/12/2021 | 179,000 | 16.892 | 16.674 | 16.806 | Chi-X (CXE) | |
| 06/12/2021 | 112,000 | 16.900 | 16.658 | 16.808 | 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 recent share buyback did Royal Dutch Shell announce on December 6, 2021?
What was the average price paid for the 'B' shares in the recent buyback by Royal Dutch Shell?
Who is managing the share buyback program for Royal Dutch Shell?
What dates does the Royal Dutch Shell share buyback program cover?
What regulations govern the share buyback program of Royal Dutch Shell?
How many shares did Royal Dutch Shell purchase on December 6, 2021?
