Transaction in Own Shares
Shell plc (SHEL) has announced a share buyback transaction executed on February 21, 2025, as part of its previously announced share repurchase program. The program, revealed on January 30, 2025, consists of both on-market and off-market components.
Natixis has been appointed to independently manage trading decisions for the securities from January 30 to April 25, 2025. The on-market portion will operate within preset parameters under Shell's general share repurchase authority, while the off-market portion will follow shareholder-approved buyback contracts.
The program complies with UK Listing Rules Chapter 9, EU and UK Market Abuse Regulations, and related delegated regulations. The buyback demonstrates Shell's commitment to returning value to shareholders through share repurchases.
Shell plc (SHEL) ha annunciato una transazione di riacquisto di azioni eseguita il 21 febbraio 2025, come parte del suo programma di riacquisto di azioni precedentemente annunciato. Il programma, rivelato il 30 gennaio 2025, consiste in componenti sia di mercato che fuori mercato.
Natixis è stata nominata per gestire in modo indipendente le decisioni di trading per i titoli dal 30 gennaio al 25 aprile 2025. La parte di mercato opererà all'interno di parametri predefiniti sotto l'autorità generale di riacquisto di azioni di Shell, mentre la parte fuori mercato seguirà i contratti di riacquisto approvati dagli azionisti.
Il programma è conforme alle Regole di Quotazione del Regno Unito Capitolo 9, alle normative europee e britanniche sul mercato abusivo e alle relative normative delegate. Il riacquisto dimostra l'impegno di Shell a restituire valore agli azionisti attraverso i riacquisti di azioni.
Shell plc (SHEL) ha anunciado una transacción de recompra de acciones realizada el 21 de febrero de 2025, como parte de su programa de recompra de acciones previamente anunciado. El programa, revelado el 30 de enero de 2025, consiste en componentes tanto en el mercado como fuera de él.
Natixis ha sido designado para gestionar de manera independiente las decisiones de negociación de los valores desde el 30 de enero hasta el 25 de abril de 2025. La parte en el mercado operará dentro de parámetros preestablecidos bajo la autoridad general de recompra de acciones de Shell, mientras que la parte fuera de mercado seguirá los contratos de recompra aprobados por los accionistas.
El programa cumple con las Reglas de Cotización del Reino Unido, el Capítulo 9, las Regulaciones de Abuso de Mercado de la UE y el Reino Unido, y las regulaciones delegadas relacionadas. La recompra demuestra el compromiso de Shell de devolver valor a los accionistas a través de las recompras de acciones.
Shell plc (SHEL)는 2025년 2월 21일에 실행된 주식 매입 거래를 발표했으며, 이는 이전에 발표된 자사주 매입 프로그램의 일환입니다. 이 프로그램은 2025년 1월 30일에 공개되었으며, 시장 내 및 시장 외 구성 요소로 이루어져 있습니다.
Natixis는 2025년 1월 30일부터 4월 25일까지 증권 거래 결정을 독립적으로 관리하도록 임명되었습니다. 시장 내 부분은 Shell의 일반 자사주 매입 권한에 따라 미리 설정된 매개변수 내에서 운영되며, 시장 외 부분은 주주 승인 계약에 따라 진행됩니다.
이 프로그램은 영국 상장 규칙 9장, EU 및 영국 시장 남용 규정 및 관련 위임 규정을 준수합니다. 매입은 Shell이 자사주 매입을 통해 주주에게 가치를 환원하겠다는 의지를 보여줍니다.
Shell plc (SHEL) a annoncé une opération de rachat d'actions réalisée le 21 février 2025, dans le cadre de son programme de rachat d'actions précédemment annoncé. Le programme, révélé le 30 janvier 2025, se compose de composants à la fois sur le marché et hors marché.
Natixis a été nommé pour gérer de manière indépendante les décisions de trading pour les titres du 30 janvier au 25 avril 2025. La partie sur le marché fonctionnera dans des paramètres prédéfinis sous l'autorité générale de rachat d'actions de Shell, tandis que la partie hors marché suivra les contrats de rachat approuvés par les actionnaires.
Le programme est conforme aux règles de cotation du Royaume-Uni, chapitre 9, aux règlements sur les abus de marché de l'UE et du Royaume-Uni, ainsi qu'aux règlements délégués connexes. Le rachat démontre l'engagement de Shell à restituer de la valeur aux actionnaires par le biais de rachats d'actions.
Shell plc (SHEL) hat eine Aktienrückkauftransaktion angekündigt, die am 21. Februar 2025 durchgeführt wurde, als Teil seines zuvor angekündigten Aktienrückkaufprogramms. Das Programm, das am 30. Januar 2025 bekannt gegeben wurde, besteht aus sowohl Markt- als auch außerbörslichen Komponenten.
Natixis wurde beauftragt, die Handelsentscheidungen für die Wertpapiere vom 30. Januar bis zum 25. April 2025 unabhängig zu verwalten. Der Marktanteil wird innerhalb festgelegter Parameter unter der allgemeinen Rückkaufbehörde von Shell betrieben, während der außerbörsliche Teil den von den Aktionären genehmigten Rückkaufverträgen folgt.
Das Programm entspricht den UK Listing Rules Kapitel 9, den EU- und UK-Marktmissbrauchsverordnungen sowie den entsprechenden delegierten Verordnungen. Der Rückkauf zeigt Shells Engagement, den Aktionären durch Aktienrückkäufe Wert zurückzugeben.
- Implementation of share buyback program indicates strong cash position
- Structured approach with both on-market and off-market components shows strategic capital allocation
- Independent management by Natixis ensures program objectivity and compliance
- Capital expenditure on buybacks reduces funds available for business operations or growth investments
Transaction in Own Shares
21 February, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 21 February 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 |
| 21/02/2025 | 1,441,279 | | | | LSE | GBP |
| 21/02/2025 | 41,942 | | | | Chi-X (CXE) | GBP |
| 21/02/2025 | 41,655 | | | | BATS (BXE) | GBP |
| 21/02/2025 | 829,262 | | | | XAMS | EUR |
| 21/02/2025 | 25,430 | | | | CBOE DXE | EUR |
| 21/02/2025 | 0 | - | - | - | 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 30 January 2025.
In respect of this programme, Natixis will make trading decisions in relation to the securities independently of the Company for a period from 30 January 2025 up to and including 25 April 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 Natixis 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
When will Shell's (SHEL) current share buyback program end?
What is the structure of Shell's (SHEL) 2025 share buyback program?
When did Shell (SHEL) announce its current share buyback program?
Who is managing Shell's (SHEL) 2025 share buyback program?
