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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) announced on 18 October 2024 the purchase of 900,000 shares on the London Stock Exchange at a volume-weighted average price of £25.4736 per share, and 850,000 shares on Euronext Amsterdam at €30.9154 per share. These purchases are part of the company's existing share buy-back programme announced on 1 August 2024.
The programme includes both on-market and off-market limbs, with Citigroup Global Markets making independent trading decisions from 1 August to 25 October 2024. The buyback is conducted in accordance with UK and EU regulations, including the Market Abuse Regulation and the Commission Delegated Regulation.
Shell plc (SHEL) announced on 17 October 2024 that it purchased 750,000 shares on the London Stock Exchange at a volume-weighted average price of £25.5127 per share, and 778,000 shares on Euronext Amsterdam at a volume-weighted average price of €30.8870 per share. These purchases are part of the company's existing share buy-back programme announced on 1 August 2024.
The programme includes both on-market and off-market limbs, with Citigroup Global Markets making independent trading decisions from 1 August to 25 October 2024. The buy-back is conducted in accordance with UK and EU regulations, including the Market Abuse Regulation and the Commission Delegated Regulation.
Shell plc (SHEL) announced on 16 October 2024 that it purchased 919,780 shares on the London Stock Exchange at a volume-weighted average price of £25.3733 per share, and 954,200 shares on Euronext Amsterdam at a volume-weighted average price of €30.6535 per share. These purchases are part of the company's existing share buy-back programme announced on 1 August 2024.
The programme includes both on-market and off-market limbs, with Citigroup Global Markets making independent trading decisions from 1 August to 25 October 2024. The buyback is conducted in accordance with UK and EU regulations, including the Market Abuse Regulation and the Commission Delegated Regulation.
Shell plc (SHEL) announced on 15 October 2024 that it purchased 1,000,000 shares on the London Stock Exchange at a volume-weighted average price of £25.0534 per share, and 940,000 shares on Euronext Amsterdam at a volume-weighted average price of €30.3759 per share. These purchases are part of the company's existing share buy-back programme announced on 1 August 2024.
The programme includes both on-market and off-market limbs, with Citigroup Global Markets making independent trading decisions from 1 August to 25 October 2024. The buyback is conducted in accordance with UK and EU market abuse regulations and the UK Listing Rules.
Shell plc (SHEL) announced on 14 October 2024 that it purchased 834,846 shares on the London Stock Exchange at a volume-weighted average price of £25.8956 per share, and 795,000 shares on Euronext Amsterdam at a volume-weighted average price of €31.2647 per share. These purchases are part of the company's existing share buy-back programme announced on 1 August 2024.
The programme includes both on-market and off-market limbs, with Citigroup Global Markets making independent trading decisions from 1 August to 25 October 2024. The buyback is conducted in accordance with UK and EU regulations, including the Market Abuse Regulation and the Commission Delegated Regulation.
Shell plc announced on 11 October 2024 that it purchased 816,000 shares for cancellation as part of its existing share buy-back programme. The purchases were made on the London Stock Exchange at a volume-weighted average price of £25.9815 per share, and on Euronext Amsterdam at €31.3426 per share. This is part of the Company's on- and off-market share buy-back programme announced on 1 August 2024, which will run until 25 October 2024. Citigroup Global Markets is making independent trading decisions for this programme, which is being conducted in accordance with UK and EU regulations on share buy-backs and market abuse.
Shell plc (SHEL) announced on 10 October 2024 that it purchased 747,770 shares on the London Stock Exchange at a volume-weighted average price of £25.9393 per share, and 765,230 shares on Euronext Amsterdam at a volume-weighted average price of €31.2930 per share. These purchases are part of the company's existing share buy-back programme announced on 1 August 2024.
The programme includes both on-market and off-market limbs, with Citigroup Global Markets making independent trading decisions from 1 August to 25 October 2024. The buyback is conducted in accordance with UK and EU regulations, including the Market Abuse Regulation and the Commission Delegated Regulation.
Shell plc (SHEL) announced on 09 October 2024 the purchase of 950,000 shares on the London Stock Exchange at a volume-weighted average price of £25.7633 per share, and 922,000 shares on Euronext Amsterdam at €31.0512 per share. These purchases are part of the company's existing share buy-back programme announced on 1 August 2024.
The programme includes both on-market and off-market limbs, with Citigroup Global Markets making independent trading decisions from 1 August to 25 October 2024. The buyback is conducted in accordance with UK and EU regulations, including the Market Abuse Regulation and Commission Delegated Regulation.
Shell plc (SHEL) announced on 08 October 2024 that it purchased 1,000,000 shares on the London Stock Exchange at a volume weighted average price of £25.9778 per share, and 935,000 shares on Euronext Amsterdam at a volume weighted average price of €31.2828 per share. These purchases are part of the company's existing share buy-back programme announced on 1 August 2024.
The programme, managed independently by Citigroup Global Markets , will run from 1 August 2024 to 25 October 2024. It includes both on-market and off-market limbs, conducted in accordance with UK and EU market abuse regulations and the UK Listing Rules.
Shell plc (SHEL) announces the purchase of 630,000 shares on the London Stock Exchange and 540,000 shares on Euronext Amsterdam on October 7, 2024, as part of its existing share buy-back programme. The highest price paid was £26.4150 in London and €31.7900 in Amsterdam, with volume-weighted average prices of £26.1905 and €31.5389 respectively.
This share repurchase is part of Shell's on- and off-market buy-back programme announced on August 1, 2024. Citigroup Global Markets is making independent trading decisions for the programme, which will run until October 25, 2024. The buy-back adheres to UK Listing Rules, EU and UK Market Abuse Regulations, and related delegated regulations.
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