Transaction in Own Shares
On 25 October 2021, Royal Dutch Shell plc announced the purchase of 1,200,000 'B' shares for cancellation as part of its share buy-back program initiated on 29 July 2021. The transactions occurred across various trading venues including LSE, Chi-X, and BATS. The highest price paid was £18.006 and the lowest was £17.740, with a volume-weighted average price of £17.898 per share. This move complies with the Company's authority to repurchase shares under EU and UK MAR regulations, demonstrating Shell's commitment to returning capital to shareholders.
- Total of 1,200,000 'B' shares purchased for cancellation.
- Shares bought at prices between £17.740 and £18.006, with a weighted average of £17.898, indicating a strategic share repurchase.
- None.
| Transaction in Own Shares | ||||||
| 25 October 2021 | ||||||
| • • • • • • • • • • • • • • • • | ||||||
| Royal Dutch Shell plc (the ‘Company’) announces that on 25 October 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 | |
| 25/10/2021 | 1,050,000 | 18.006 | 17.740 | 17.898 | LSE | |
| 25/10/2021 | 90,000 | 18.000 | 17.750 | 17.897 | Chi-X (CXE) | |
| 25/10/2021 | 60,000 | 17.994 | 17.744 | 17.897 | BATS (BXE) | |
These share purchases form part of the Company's share buy-back arrangement previously announced on 29 July 2021.
In respect of this arrangement, Exane BNP Paribas will make trading decisions in relation to the Company’s securities independently of the Company for a period from 29 July 2021 up to and including 29 December 2021.
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 Exane BNP Paribas 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 25 October 2021?
What was the average price paid for the shares bought on 25 October 2021?
What is the purpose of the share buy-back program announced by Shell?
Which trading venues were used for the share purchases on 25 October 2021?
What regulatory frameworks govern the share repurchase by Shell?
