Transaction in Own Shares
Shell plc (SHEL) announced share repurchases conducted on January 10, 2025, as part of its existing buyback programme announced on October 31, 2024. The company purchased 1,035,000 shares on the London Stock Exchange at prices ranging from £26.0150 to £26.7400, with a volume-weighted average price of £26.3965. Additionally, 676,000 shares were purchased on XAMS at prices between €31.3950 and €32.2250, averaging €31.8321.
The purchases are part of both on-market and off-market components of Shell's buyback programme, managed independently by Citigroup Global Markets until January 24, 2025. The programme operates under UK Listing Rules, EU MAR, and UK MAR regulations, with specific parameters for both market components.
Shell plc (SHEL) ha annunciato il riacquisto di azioni effettuato il 10 gennaio 2025, come parte del suo programma di buyback esistente annunciato il 31 ottobre 2024. L'azienda ha acquistato 1.035.000 azioni sulla Borsa di Londra a prezzi compresi tra £26,0150 e £26,7400, con un prezzo medio ponderato per il volume di £26,3965. Inoltre, 676.000 azioni sono state acquistate su XAMS a prezzi tra €31,3950 e €32,2250, con una media di €31,8321.
Gli acquisti fanno parte sia delle componenti di mercato che di quelle off-market del programma di buyback di Shell, gestito in modo indipendente da Citigroup Global Markets fino al 24 gennaio 2025. Il programma opera secondo le Normative di Listing del Regno Unito, la EU MAR e il Regno Unito MAR, con parametri specifici per entrambe le componenti di mercato.
Shell plc (SHEL) anunció la recompra de acciones realizada el 10 de enero de 2025, como parte de su programa de recompra existente anunciado el 31 de octubre de 2024. La compañía adquirió 1.035.000 acciones en la Bolsa de Londres a precios que oscilaron entre £26,0150 y £26,7400, con un precio promedio ponderado por volumen de £26,3965. Además, se adquirieron 676.000 acciones en XAMS a precios entre €31,3950 y €32,2250, promediando €31,8321.
Las compras son parte de componentes tanto de mercado como fuera de mercado del programa de recompra de Shell, gestionado de manera independiente por Citigroup Global Markets hasta el 24 de enero de 2025. El programa opera bajo las Normativas de Listado del Reino Unido, la EU MAR y las regulaciones MAR del Reino Unido, con parámetros específicos para ambos componentes de mercado.
Shell plc (SHEL)는 2025년 1월 10일에 기존 2024년 10월 31일에 발표된 자사주 매입 프로그램의 일환으로 진행된 주식 매입을 발표했습니다. 이 회사는 런던 증권 거래소에서 1,035,000주를 £26.0150에서 £26.7400 사이의 가격으로 구매했으며, 거래량 가중 평균 가격은 £26.3965입니다. 추가로, 676,000주는 XAMS에서 €31.3950과 €32.2250 사이의 가격으로 구매되어 평균 €31.8321이었습니다.
이번 매입은 Shell의 자사주 매입 프로그램의 시장 내외부 구성 요소의 일부로, 2025년 1월 24일까지 Citigroup Global Markets에 의해 독립적으로 관리됩니다. 이 프로그램은 영국 상장 규칙, EU MAR 및 영국 MAR 규정을 준수하며, 시장 구성 요소에 대한 구체적인 매개변수를 가지고 있습니다.
Shell plc (SHEL) a annoncé les rachats d'actions effectués le 10 janvier 2025, dans le cadre de son programme de rachat existant annoncé le 31 octobre 2024. La société a acheté 1 035 000 actions sur la Bourse de Londres à des prix allant de £26,0150 à £26,7400, avec un prix moyen pondéré par le volume de £26,3965. De plus, 676 000 actions ont été achetées sur XAMS à des prix compris entre €31,3950 et €32,2250, avec une moyenne de €31,8321.
Ces achats font partie des composants du programme de rachat de Shell, tant sur le marché que hors marché, géré indépendamment par Citigroup Global Markets jusqu'au 24 janvier 2025. Le programme fonctionne conformément aux règles de cotation du Royaume-Uni, à la MAR de l'UE et à la MAR du Royaume-Uni, avec des paramètres spécifiques pour les deux composants de marché.
Shell plc (SHEL) hat am 10. Januar 2025 den Rückkauf von Aktien bekannt gegeben, der Teil seines bestehenden Rückkaufprogramms ist, das am 31. Oktober 2024 angekündigt wurde. Das Unternehmen kaufte 1.035.000 Aktien an der Londoner Börse zu Preisen zwischen £26,0150 und £26,7400, mit einem volumengewichteten Durchschnittspreis von £26,3965. Zusätzlich wurden 676.000 Aktien an XAMS zu Preisen zwischen €31,3950 und €32,2250 gekauft, mit einem Durchschnitt von €31,8321.
Die Käufe sind Teil der markt- und außerbörslichen Komponenten von Shells Rückkaufprogramm, das bis zum 24. Januar 2025 unabhängig von Citigroup Global Markets verwaltet wird. Das Programm erfolgt nach den britischen Zulassungsregeln, der EU MAR und den britischen MAR-Vorschriften, mit spezifischen Parametern für beide Marktkomponenten.
- Ongoing share buyback program demonstrates strong capital return commitment to shareholders
- Significant daily purchase volume indicates robust execution of the buyback program
- None.
Insights
Shell's latest share buyback activity demonstrates significant capital return commitment, with 1,035,000 shares purchased on the London Stock Exchange at prices between
The execution through Citigroup, operating independently within pre-set parameters, indicates a structured approach to capital allocation. The dual-market purchasing strategy (LSE and Euronext) optimizes liquidity access and potentially reduces market impact. The volume-weighted average prices of
This buyback reflects Shell's robust cash position and confidence in its operational outlook, particularly noteworthy given the current market volatility. The strategy aligns with broader industry trends of returning excess capital to shareholders while maintaining balance sheet strength. For investors, this represents a tangible commitment to shareholder returns, potentially supporting stock price stability.
The execution metrics of this buyback reveal sophisticated treasury management. The spread between highest and lowest prices (
The regulatory compliance framework, incorporating both UK and EU market abuse regulations post-Brexit, demonstrates robust governance. The independent execution by Citigroup until January 24, 2025, provides a clear timeline and removes potential conflicts in timing decisions. This structured approach typically results in more efficient price discovery and reduced execution costs.
Transaction in Own Shares
10 January, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 10 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 |
| 10/01/2025 | 1,035,000 | LSE | GBP | |||
| 10/01/2025 | - | Chi-X (CXE) | GBP | |||
| 10/01/2025 | - | BATS (BXE) | GBP | |||
| 10/01/2025 | 676,000 | XAMS | EUR | |||
| 10/01/2025 | - | CBOE DXE | EUR | |||
| 10/01/2025 | - | 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 10, 2025?
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