Transaction in Own Shares
Shell plc (SHEL) has announced share repurchases conducted on January 9, 2025, as part of its existing buyback programme announced on October 31, 2024. The company purchased 1,040,000 shares on the London Stock Exchange at prices between £25.99 and £26.29, with a volume-weighted average price of £26.1688. Additionally, 700,000 shares were purchased on XAMS at prices between €31.3050 and €31.6600, with a volume-weighted average price of €31.5480.
The purchases are part of Shell's share buy-back programme being executed by Citigroup Global Markets , which will make independent trading decisions until January 24, 2025. The programme includes both on-market and off-market components, conducted in accordance with UK Listing Rules, EU MAR, and UK MAR regulations.
Shell plc (SHEL) ha annunciato il riacquisto di azioni effettuato il 9 gennaio 2025, come parte del suo programma di buyback già esistente annunciato il 31 ottobre 2024. L'azienda ha acquistato 1.040.000 azioni sulla Borsa di Londra a prezzi compresi tra £25,99 e £26,29, con un prezzo medio ponderato per volume di £26,1688. Inoltre, 700.000 azioni sono state acquistate su XAMS a prezzi compresi tra €31,3050 e €31,6600, con un prezzo medio ponderato per volume di €31,5480.
Gli acquisti fanno parte del programma di riacquisto di azioni di Shell, eseguito da Citigroup Global Markets, che prenderà decisioni di trading indipendenti fino al 24 gennaio 2025. Il programma include sia componenti di mercato che fuori mercato, eseguiti in conformità con le UK Listing Rules, EU MAR e normative UK MAR.
Shell plc (SHEL) ha anunciado recompras de acciones realizadas el 9 de enero de 2025, como parte de su programa de recompra existente anunciado el 31 de octubre de 2024. La compañía compró 1.040.000 acciones en la Bolsa de Valores de Londres a precios entre £25,99 y £26,29, con un precio promedio ponderado por volumen de £26,1688. Además, 700.000 acciones fueron compradas en XAMS a precios entre €31,3050 y €31,6600, con un precio promedio ponderado por volumen de €31,5480.
Las compras son parte del programa de recompra de acciones de Shell que está siendo ejecutado por Citigroup Global Markets, que tomará decisiones de comercio independientes hasta el 24 de enero de 2025. El programa incluye componentes tanto en el mercado como fuera de él, realizados de acuerdo con las UK Listing Rules, EU MAR, y regulaciones UK MAR.
Shell plc (SHEL)는 2025년 1월 9일 기존에 발표한 매입 프로그램의 일환으로 주식 재매입을 실시했다고 발표했습니다. 회사는 런던 증권 거래소에서 1,040,000주를 £25.99에서 £26.29 사이의 가격으로 구매했으며, 거래량 가중 평균 가격은 £26.1688입니다. 또한, 700,000주는 XAMS에서 €31.3050에서 €31.6600 사이의 가격으로 구매되었으며, 거래량 가중 평균 가격은 €31.5480입니다.
이 구매는 Shell의 주식 재매입 프로그램의 일환으로, Citigroup Global Markets에 의해 실행되며, 2025년 1월 24일까지 독립적인 거래 결정을 내릴 것입니다. 이 프로그램은 영국 상장 규칙, EU MAR 및 영국 MAR 규정을 준수하여 시장 내 및 시장 외에서 진행됩니다.
Shell plc (SHEL) a annoncé des rachats d'actions effectués le 9 janvier 2025, dans le cadre de son programme de rachat existant annoncé le 31 octobre 2024. L'entreprise a acheté 1.040.000 actions sur la Bourse de Londres à des prix compris entre £25,99 et £26,29, avec un prix moyen pondéré par le volume de £26,1688. De plus, 700.000 actions ont été achetées sur XAMS à des prix compris entre €31,3050 et €31,6600, avec un prix moyen pondéré par le volume de €31,5480.
Ces achats font partie du programme de rachat d'actions de Shell, exécuté par Citigroup Global Markets, qui prendra des décisions de trading indépendantes jusqu'au 24 janvier 2025. Le programme comprend à la fois des composants de marché et hors marché, réalisés conformément aux règles d'inscription britannique, à l'EU MAR et aux réglementations UK MAR.
Shell plc (SHEL) hat den Rückkauf von Aktien bekannt gegeben, der am 9. Januar 2025 durchgeführt wurde, im Rahmen seines bestehenden Rückkaufprogramms, das am 31. Oktober 2024 angekündigt wurde. Das Unternehmen hat 1.040.000 Aktien an der London Stock Exchange zu Preisen zwischen £25,99 und £26,29 gekauft, mit einem volumengewichteten Durchschnittspreis von £26,1688. Darüber hinaus wurden 700.000 Aktien an der XAMS zu Preisen zwischen €31,3050 und €31,6600 gekauft, mit einem volumengewichteten Durchschnittspreis von €31,5480.
Die Käufe sind Teil des Aktienrückkaufprogramms von Shell, das von Citigroup Global Markets durchgeführt wird, welches bis zum 24. Januar 2025 unabhängige Handelsentscheidungen treffen wird. Das Programm umfasst sowohl Markt- als auch Off-Market-Komponenten, die in Übereinstimmung mit den UK Listing Rules, EU MAR und UK MAR Vorschriften durchgeführt werden.
- Ongoing share buyback program demonstrates strong capital return commitment to shareholders
- Significant daily purchase volume indicates robust execution of buyback program
- None.
Insights
Shell's share buyback activity today shows substantial capital deployment, with 1,040,000 shares purchased on the London Stock Exchange at a volume-weighted average price of
This execution is part of Shell's broader share buyback program announced in October 2024, demonstrating strong capital return commitment to shareholders. The pricing spread was tight, with London trades ranging between
The strategic timing and systematic approach of these buybacks typically provide price support and signal management's confidence in the company's valuation. For retail investors, such programs generally indicate positive long-term value creation through reduced share count and enhanced earnings per share.
The execution metrics of today's buyback reveal sophisticated treasury management. The dual-market approach, splitting volume between London and Amsterdam, optimizes liquidity capture while managing market impact. The tight pricing spread of
The structured nature of the program, with pre-set parameters and independent execution by Citigroup, implements best practices in corporate treasury management. This approach helps minimize compliance risks and ensures optimal price discovery. The buyback's size relative to Shell's average daily trading volume suggests a well-calibrated balance between capital return goals and market liquidity considerations.
Transaction in Own Shares
09 January, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 09 January 2025 it purchased the following number of Shares for cancellation.
Aggregated information on Shares purchased according to trading venue:
| Date of purchase | Number of Shares purchased | Highest price paid | Lowest price paid | Volume weighted average price paid per share | Venue | Currency |
| 09/01/2025 | 1,040,000 | LSE | GBP | |||
| 09/01/2025 | - | Chi-X (CXE) | GBP | |||
| 09/01/2025 | - | BATS (BXE) | GBP | |||
| 09/01/2025 | 700,000 | XAMS | EUR | |||
| 09/01/2025 | - | CBOE DXE | EUR | |||
| 09/01/2025 | - | TQEX | EUR |
These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 October 2024.
In respect of this programme, Citigroup Global Markets Limited will make trading decisions in relation to the securities independently of the Company for a period from 31 October 2024 up to and including 24 January 2025.
The on-market limb will be effected within certain pre-set parameters and in accordance with the Company’s general authority to repurchase shares on-market. The off-market limb will be effected in accordance with the Company’s general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein. The programme will be conducted in accordance with Chapter 9 of the UK 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 (at 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 the Financial Services Act, 2021 and 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 (the “EU MAR Delegated Regulation”) and the EU MAR Delegated Regulation as “onshored” into UK law from the end of the Brexit transition period (at 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 the Financial Services Act, 2021 and 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 breakdown of the individual trades made by Citigroup Global Markets Limited on behalf of the Company as a part of the buy-back programme is detailed below.
Enquiries
Media International: +44 (0) 207 934 5550
Media Americas: +1 832 337 4335
LEI number of Shell plc: 21380068P1DRHMJ8KU70
Classification: Acquisition or disposal of the issuer’s own shares
Attachment
FAQ
How many shares did Shell (SHEL) repurchase on January 9, 2025?
What is the price range of Shell's (SHEL) share buyback on January 9, 2025?
When will Shell's (SHEL) current buyback program end?
Who executes Shell's (SHEL) share buyback program?
