Welcome to our dedicated page for Shell plc American Depositary Shares (Each represents two Ordinary shares) news (Ticker: SHEL), a resource for investors and traders seeking the latest updates and insights on Shell plc American Depositary Shares (Each represents two Ordinary shares) 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 announces share repurchases conducted on October 24, 2024, as part of its existing buyback programme. The company purchased 956,930 shares on LSEG at prices between £25.3800 and £25.7250 (VWAP: £25.5256), and 907,870 shares on XAMS at prices between €30.7550 and €31.1850 (VWAP: €30.9489). The purchases are part of the programme announced on August 1, 2024, managed independently by Citigroup Global Markets until October 25, 2024, following UK Listing Rules and Market Abuse Regulations.
Shell plc announces share repurchases conducted on October 23, 2024, as part of its existing buyback programme. The company purchased 944,000 shares on LSEG at prices between £25.3750 and £25.6200 (VWAP: £25.4845), and 870,000 shares on XAMS at prices between €30.7500 and €31.1350 (VWAP: €30.9375). These purchases are part of the programme announced on August 1, 2024, managed independently by Citigroup Global Markets until October 25, 2024, following UK Listing Rules and Market Abuse Regulations.
Shell plc (SHEL) announced on 22 October 2024 that it purchased 826,600 shares on the London Stock Exchange at a volume-weighted average price of £25.5758 per share, and 803,370 shares on Euronext Amsterdam at a volume-weighted average price of €30.9850 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 2024 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 21 October 2024 the purchase of shares for cancellation as part of its existing share buy-back programme. The company bought 677,000 shares on the London Stock Exchange at a volume weighted average price of £25.6066 per share, and 729,100 shares on Euronext Amsterdam at €31.0322 per share.
This share repurchase is part of Shell's on- and off-market buy-back programme announced on 1 August 2024. Citigroup Global Markets is making independent trading decisions for the programme until 25 October 2024. The buy-back adheres to UK Listing Rules, EU and UK Market Abuse Regulations, and related delegated regulations.
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.
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