Welcome to our dedicated page for SHELL PLC news (Ticker: SHEL), a resource for investors and traders seeking the latest updates and insights on SHELL PLC stock.
Shell plc (NYSE: SHEL) is a British multinational oil and gas company headquartered in London, England. As an integrated oil and gas company, Shell engages in the exploration, production, refining, and marketing of oil and natural gas. The company’s operations span across Europe, Asia, Oceania, Africa, and the Americas.
Shell produced an average of 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day in 2023. At the end of 2023, Shell’s reserves stood at 9.6 billion barrels of oil equivalent, with 49% consisting of liquids. The company operates refineries with a combined capacity of 1.6 million barrels per day and sells approximately 12 million tons of chemicals annually. Shell’s largest chemical plants are situated in Central Europe, China, Singapore, and North America.
In recent developments, Shell has released its 2023 report on payments to governments, complying with UK and EU regulations, and submitted this report to the National Storage Mechanism and the US SEC. The company is scheduled to publish its Q1 2024 financial results on May 2, 2024, with a strong outlook presented for its various segments including Integrated Gas, Upstream, Marketing, Chemicals & Products, and Renewables & Energy Solutions.
Shell remains committed to its energy transition strategy, aiming for net-zero emissions by 2050. The company’s operating plans and budgets are updated annually to reflect the current economic environment and include targets for Scope 1, Scope 2, and Net Carbon Intensity.
The company has also announced an interim dividend for Q1 2024, payable in multiple currencies. Shareholders can participate in Dividend Reinvestment Programs to reinvest their dividends into Shell shares.
Shell plc (SHEL) has announced share repurchases conducted on February 6, 2025, as part of its buyback programme announced on January 30, 2025. The company purchased:
- 1,050,000 shares on London venues (LSE, Chi-X, BATS) at prices between £26.4250-£26.9350
- 705,000 shares on European venues (XAMS, CBOE DXE) at prices between €31.7950-€32.4000
The buyback program is being executed by Natixis, who will make independent trading decisions from January 30 to April 25, 2025. The program includes both on-market and off-market purchases, conducted in accordance with UK Listing Rules, Market Abuse Regulations, and other relevant regulatory frameworks.
Shell plc (SHEL) has announced share repurchases conducted on February 5, 2025, as part of its previously announced buyback programme. The company purchased 670,000 shares on LSE at prices between £26.33 and £26.71, 370,000 shares on BATS at prices between £26.33 and £26.69, 540,000 shares on XAMS at prices between €31.80 and €32.25, and 140,000 shares on CBOE DXE at prices between €31.81 and €32.24.
The purchases are part of Shell's share buy-back programme announced on January 30, 2025, which will run until April 25, 2025. Natixis is executing the trades independently within pre-set parameters, including both on-market and off-market transactions, in compliance with UK Listing Rules and Market Abuse Regulations.
Shell plc has announced share repurchases conducted on February 4, 2025, as part of its previously announced buyback programme. The company purchased:
- 1,040,000 shares on London exchanges (LSE and BATS) at prices between £26.0150 and £26.5550
- 680,000 shares on European exchanges (XAMS and CBOE DXE) at prices between €31.3950 and €32.0700
The purchases are part of Shell's share buy-back programme announced on January 30, 2025, which will run until April 25, 2025. Natixis is executing the trades independently within pre-set parameters, including both on-market and off-market transactions in accordance with UK and EU market regulations.
Shell plc has announced conditional performance share awards under the Shell Share Plan 2023 for several key executives. The awards were made on January 31, 2025, and are subject to performance conditions and Remuneration Committee discretion.
The largest allocation went to CEO Wael Sawan with 162,964 shares (£4.36M), followed by CFO Sinead Gorman with 96,871 shares (£2.59M). Other notable recipients include Huibert Vigeveno (58,457 shares), Zoe Yujnovich (56,398 shares), Robin Mooldijk (43,532 shares), and both Philippa Bounds and Rachel Solway receiving 34,608 shares each.
The shares were valued at £26.79 for LSE transactions and €32.16 for AMS transactions.
Shell plc (SHEL) has announced share repurchases conducted on February 3, 2025, as part of its buyback programme announced on January 30, 2025. The company purchased:
- 1,040,000 shares on London venues (LSE and BATS) at prices between £26.16 and £26.645
- 680,000 shares on European venues (XAMS and CBOE DXE) at prices between €31.655 and €32.17
The purchases are part of both on-market and off-market buyback programmes, with Natixis making independent trading decisions from January 30, 2025, through April 25, 2025. The programme complies with UK Listing Rules, EU MAR, UK MAR, and related regulations.
Shell plc announced share repurchases conducted on January 31, 2025, as part of its buyback programme announced on January 30, 2025. The company purchased:
- 1,060,000 shares on London venues (LSE, Chi-X, BATS) at prices between £26.61 and £26.95
- 700,000 shares on European venues (XAMS, CBOE DXE) at prices between €31.98 and €32.39
The purchases are part of both on-market and off-market buyback programmes, with Natixis making independent trading decisions from January 30, 2025, to April 25, 2025. The programme complies with UK Listing Rules, EU MAR, and UK MAR regulations.
Shell plc has announced its total voting rights and capital structure as of January 31, 2025. The company's capital consists of 6,082,595,646 ordinary shares with a nominal value of €0.07 each. Currently, Shell holds no shares in Treasury. This figure includes shares purchased through the company's buyback programme that haven't yet been cancelled.
Shareholders can use this total number of shares as the denominator when calculating whether they need to notify their interest or changes in their interest in Shell plc under the FCA's Disclosure Guidance and Transparency Rules.
Shell plc has announced a significant share buyback operation conducted on January 30, 2025. The company purchased a total of 1,850,000 shares across various trading venues:
- On LSE: 850,000 shares at prices between £25.87 and £26.72 - On Chi-X and BATS: 250,000 shares at prices around £26.37 - On European venues (XAMS, CBOE DXE, TQEX): 750,000 shares at prices between €31.10 and €32.08
The purchases are part of Shell's share buy-back programme announced on January 30, 2025. Natixis will independently manage trading decisions from January 30, 2025, through April 25, 2025. The program includes both on-market and off-market components, conducted under UK Listing Rules and Market Abuse Regulations.
Shell plc has announced a $3.5 billion share buyback programme set to be completed before their Q1 2025 results announcement on May 2, 2025. The programme aims to reduce the company's issued share capital, with all repurchased shares being cancelled.
The company has established two contracts with a single broker: a $2.1 billion London contract for purchases on London market exchanges and a $1.4 billion Netherlands contract for Netherlands exchanges, running until April 25, 2025. The maximum number of ordinary shares that may be purchased under the programme is 420,000,000, aligned with shareholder authorities granted at Shell's 2024 Annual General Meeting.
The broker will make independent trading decisions, and the programme will be conducted in accordance with UK Listing Rules, EU Market Abuse Regulation, and related delegated regulations.
Shell plc (SHEL) has announced its fourth quarter 2024 interim dividend of US$ 0.358 per ordinary share, with ADSs receiving US$ 0.716 (each ADS represents two ordinary shares). Shareholders can elect to receive dividends in US dollars, euros, or pounds sterling. The dividend payment schedule includes an ex-dividend date of February 13, 2025, for ordinary shares and February 14, 2025, for ADSs, with payment scheduled for March 24, 2025.
The company offers Dividend Reinvestment Programmes (DRIPs) through various organizations, allowing shareholders to reinvest their dividends in Shell shares. These providers include Equiniti Financial Services , ABN-AMRO NV, and JPMorgan Chase Bank for ADS holders.
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