Transaction in Own Shares
Shell plc (SHEL) announced on August 22, 2024, the purchase of 1,602,362 shares for cancellation as part of its existing share buy-back programme. The transactions were executed across different venues:
- London Stock Exchange: 811,882 shares at a volume-weighted average price of £27.0078
- Euronext Amsterdam: 790,480 shares at a volume-weighted average price of €32.0497
This share repurchase is part of Shell's on- and off-market buy-back programme announced on August 1, 2024. Citigroup Global Markets will independently manage trading decisions until October 25, 2024. The programme adheres to regulatory guidelines, including EU and UK Market Abuse Regulations.
Shell plc (SHEL) ha annunciato il 22 agosto 2024, l'acquisto di 1.602.362 azioni per cancellazione come parte del suo programma di riacquisto di azioni esistente. Le transazioni sono state eseguite in diverse sedi:
- Borsa di Londra: 811.882 azioni a un prezzo medio ponderato per volume di £27.0078
- Euronext Amsterdam: 790.480 azioni a un prezzo medio ponderato per volume di €32.0497
Questo riacquisto di azioni fa parte del programma di riacquisto di Shell, sia on-market che off-market, annunciato il 1° agosto 2024. Citigroup Global Markets gestirà in modo indipendente le decisioni di trading fino al 25 ottobre 2024. Il programma rispetta le linee guida normative, comprese le Regolamentazioni sul Mercato Abusivo dell'UE e del Regno Unito.
Shell plc (SHEL) anunció el 22 de agosto de 2024 la compra de 1.602.362 acciones para cancelación como parte de su programa de recompra de acciones existente. Las transacciones se ejecutaron en diferentes mercados:
- Bolsa de Valores de Londres: 811.882 acciones a un precio promedio ponderado por volumen de £27.0078
- Euronext Ámsterdam: 790.480 acciones a un precio promedio ponderado por volumen de €32.0497
Esta recompra de acciones forma parte del programa de recompra de Shell, tanto en mercado como fuera de mercado, anunciado el 1 de agosto de 2024. Citigroup Global Markets gestionará de forma independiente las decisiones de negociación hasta el 25 de octubre de 2024. El programa cumple con las pautas regulatorias, incluyendo las Regulaciones de Abuso de Mercado de la UE y del Reino Unido.
Shell plc (SHEL)는 2024년 8월 22일 1,602,362 주를 매입하여 취소하기로 발표했습니다. 이는 기존 주식 재매입 프로그램의 일환입니다. 거래는 다음과 같은 여러 시장에서 진행되었습니다:
- 런던 증권 거래소: 811,882주, 거래량 가중 평균 가격은 £27.0078
- 유로넥스트 암스테르담: 790,480주, 거래량 가중 평균 가격은 €32.0497
이번 주식 매입은 2024년 8월 1일에 발표된 Shell의 온·오프 마켓 재매입 프로그램의 일환입니다. Citigroup Global Markets는 2024년 10월 25일까지 거래 결정을 독립적으로 관리할 것입니다. 이 프로그램은 EU 및 영국 시장 남용 규정을 포함한 규제 가이드라인을 준수합니다.
Shell plc (SHEL) a annoncé le 22 août 2024 l'achat de 1.602.362 actions pour annulation dans le cadre de son programme de rachat d'actions existant. Les transactions ont été effectuées sur différents marchés :
- Bourse de Londres : 811.882 actions à un prix moyen pondéré par le volume de £27.0078
- Euronext Amsterdam : 790.480 actions à un prix moyen pondéré par le volume de €32.0497
Ce rachat d'actions fait partie du programme de rachat de Shell annoncé le 1er août 2024, tant sur le marché que hors marché. Citigroup Global Markets gérera indépendamment les décisions de trading jusqu'au 25 octobre 2024. Le programme respecte les lignes directrices réglementaires, y compris les Régulations sur l'Abus de Marché de l'UE et du Royaume-Uni.
Shell plc (SHEL) gab am 22. August 2024 den Erwerb von 1.602.362 Aktien zur Streichung im Rahmen seines bestehenden Aktienrückkaufprogramms bekannt. Die Transaktionen wurden über verschiedene Märkte durchgeführt:
- Londoner Wertpapierbörse: 811.882 Aktien zu einem volumengewichteten Durchschnittspreis von £27.0078
- Euronext Amsterdam: 790.480 Aktien zu einem volumengewichteten Durchschnittspreis von €32.0497
Dieser Aktienrückkauf ist Teil des von Shell am 1. August 2024 angekündigten Rückkaufprogramms, das sowohl über als auch außerhalb des Marktes läuft. Citigroup Global Markets wird bis zum 25. Oktober 2024 unabhängig die Handelsentscheidungen verwalten. Das Programm hält sich an die regulatorischen Richtlinien, einschließlich der EU- und UK-Vorschriften zur Marktmissbrauch.
- Continuation of share buyback program, potentially increasing shareholder value
- Significant number of shares (1,602,362) repurchased in a single day
- Execution of buybacks across multiple markets (London and Amsterdam) showing global strategy
- Substantial cash outflow for share repurchases may impact available funds for other investments or operations
Transaction in Own Shares
22 August, 2024
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 22 August 2024 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 |
| 22/08/2024 | 811,882 | LSE | GBP | |||
| 22/08/2024 | - | Chi-X (CXE) | GBP | |||
| 22/08/2024 | - | BATS (BXE) | GBP | |||
| 22/08/2024 | 790,480 | XAMS | EUR | |||
| 22/08/2024 | - | CBOE DXE | EUR | |||
| 22/08/2024 | - | 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 1 August 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 1 August 2024 up to and including 25 October 2024.
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 12 of the 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 plc (SHEL) repurchase on August 22, 2024?
What was the price range for Shell's (SHEL) share repurchases on August 22, 2024?
When did Shell plc (SHEL) announce its current share buy-back programme?
Who is managing the trading decisions for Shell's (SHEL) share buyback program?
