Transaction in Own Shares
Shell plc (SHEL) has announced share repurchases conducted on January 8, 2025, as part of its existing buyback programme announced on October 31, 2024. The company purchased 1,025,000 shares on the London Stock Exchange at prices ranging from £25.5550 to £25.9200, with a volume-weighted average price of £25.7632. Additionally, 745,000 shares were purchased on XAMS at prices between €30.9200 and €31.5400, averaging €31.2119.
The purchases are part of both on-market and off-market components of Shell's buyback programme, which will continue until January 24, 2025. Citigroup Global Markets is executing the trades independently within pre-set parameters, in accordance with UK Listing Rules, EU MAR, and UK MAR regulations.
Shell plc (SHEL) ha annunciato operazioni di riacquisto di azioni effettuate l'8 gennaio 2025, nell'ambito del programma di buyback esistente, annunciato il 31 ottobre 2024. L'azienda ha acquistato 1.025.000 azioni sulla Borsa di Londra a prezzi che vanno da £25,5550 a £25,9200, con un prezzo medio ponderato per volume di £25,7632. Inoltre, sono state acquistate 745.000 azioni su XAMS a prezzi compresi tra €30,9200 e €31,5400, con una media di €31,2119.
Gli acquisti fanno parte sia della componente di mercato che di quella fuori mercato del programma di riacquisto di Shell, che continuerà fino al 24 gennaio 2025. Citigroup Global Markets esegue le operazioni in modo indipendente all'interno di parametri predefiniti, in conformità con le regolamentazioni UK Listing Rules, EU MAR e UK MAR.
Shell plc (SHEL) ha anunciado recompras de acciones realizadas el 8 de enero de 2025, como parte de su programa de recompra existente, anunciado el 31 de octubre de 2024. La compañía compró 1.025.000 acciones en la Bolsa de Londres a precios que oscilan entre £25,5550 y £25,9200, con un precio promedio ponderado por volumen de £25,7632. Además, 745.000 acciones fueron compradas en XAMS a precios entre €30,9200 y €31,5400, con un promedio de €31,2119.
Las compras son parte de los componentes tanto de mercado como fuera de mercado del programa de recompra de Shell, que continuará hasta el 24 de enero de 2025. Citigroup Global Markets está ejecutando las operaciones de manera independiente dentro de los parámetros preestablecidos, de acuerdo con las Regulaciones de Cotización del Reino Unido, EU MAR y UK MAR.
Shell plc (SHEL)는 2025년 1월 8일에 기존 매입 프로그램의 일환으로 주식 재매입을 실시했다고 발표했습니다. 회사는 런던 증권 거래소에서 1,025,000주를 £25.5550에서 £25.9200 사이의 가격으로 구매했으며, 거래량 가중 평균 가격은 £25.7632입니다. 또한, 745,000주는 XAMS에서 €30.9200에서 €31.5400 사이의 가격으로 구매되어 평균 €31.2119입니다.
이 구매는 Shell의 매입 프로그램의 시장 내 및 시장 외 구성 요소의 일환으로, 2025년 1월 24일까지 계속될 것입니다. Citigroup Global Markets는 사전에 설정된 매개변수 내에서 독립적으로 거래를 실행하고 있으며, 이는 영국 상장 규칙, EU MAR 및 영국 MAR 규정에 따라 진행됩니다.
Shell plc (SHEL) a annoncé des rachats d'actions effectués le 8 janvier 2025, dans le cadre de son programme de rachat existant, annoncé le 31 octobre 2024. La société a acheté 1.025.000 actions sur la Bourse de Londres à des prix variant de £25,5550 à £25,9200, avec un prix moyen pondéré par le volume de £25,7632. De plus, 745.000 actions ont été achetées sur XAMS à des prix compris entre €30,9200 et €31,5400, avec une moyenne de €31,2119.
Les achats font partie des composantes de marché et hors marché du programme de rachat de Shell, qui se poursuivra jusqu'au 24 janvier 2025. Citigroup Global Markets exécute les transactions de manière indépendante dans des paramètres prédéfinis, conformément aux règles d'inscription au Royaume-Uni, aux EU MAR et UK MAR.
Shell plc (SHEL) hat am 8. Januar 2025 Aktienrückkäufe im Rahmen ihres bestehenden Rückkaufprogramms, das am 31. Oktober 2024 angekündigt wurde, bekannt gegeben. Das Unternehmen erwarb 1.025.000 Aktien an der Londoner Börse zu Preisen von £25,5550 bis £25,9200, mit einem volumengewichteten Durchschnittspreis von £25,7632. Darüber hinaus wurden 745.000 Aktien an der XAMS zu Preisen zwischen €30,9200 und €31,5400 gekauft, mit einem Durchschnitt von €31,2119.
Die Käufe sind Teil der sowohl on-market als auch off-market Komponenten des Rückkaufprogramms von Shell, das bis zum 24. Januar 2025 fortgesetzt wird. Citigroup Global Markets führt die Trades unabhängig innerhalb vorgegebener Parameter gemäß den UK Listing Rules, EU MAR und UK MAR durch.
- Ongoing share buyback program demonstrates strong capital return commitment to shareholders
- Significant daily purchase volume indicates robust execution of buyback strategy
- None.
Insights
Shell's latest share buyback activity demonstrates strong capital allocation strategy, with the company purchasing 1,025,000 shares on the London Stock Exchange at a VWAP of
The execution through Citigroup, operating independently within pre-set parameters, indicates a structured approach to capital return. With Shell's robust cash position and current market conditions, this buyback reflects management's confidence in the company's valuation and commitment to shareholder returns. The dual-listing purchases across London and Amsterdam exchanges also show sophisticated market execution to maintain liquidity balance.
For retail investors, these systematic buybacks typically support share price stability and enhance earnings per share through share count reduction. The program's continuation signals strong underlying business performance and cash generation capacity.
The strategic timing and execution of Shell's buyback reveals important market dynamics. The price spread between London (
The absence of trades on alternative venues (Chi-X, BATS, CBOE DXE, TQEX) points to a deliberate focus on primary exchanges for better price discovery and liquidity. This pattern aligns with typical institutional trading strategies for large-cap energy stocks. The daily volume represents approximately
Transaction in Own Shares
08 January, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 08 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 |
| 08/01/2025 | 1,025,000 | LSE | GBP | |||
| 08/01/2025 | - | Chi-X (CXE) | GBP | |||
| 08/01/2025 | - | BATS (BXE) | GBP | |||
| 08/01/2025 | 745,000 | XAMS | EUR | |||
| 08/01/2025 | - | CBOE DXE | EUR | |||
| 08/01/2025 | - | 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
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