Transaction in Own Shares
Shell plc (SHEL) has announced its latest share buyback transaction on April 25, 2025, as part of its previously announced program from January 30, 2025. The company purchased shares across multiple venues:
- London Stock Exchange: 633,346 shares at £24.51 VWAP - Chi-X: 150,000 shares at £24.48 VWAP - BATS: 150,000 shares at £24.48 VWAP - Amsterdam (XAMS): 524,080 shares at €28.85 VWAP - CBOE DXE: 150,000 shares at €28.83 VWAP - TQEX: 50,000 shares at €28.83 VWAP
The buyback program is being executed by Natixis, making independent trading decisions within pre-set parameters for both on-market and off-market purchases, in compliance with UK Listing Rules and Market Abuse Regulations.
Shell plc (SHEL) ha annunciato la sua più recente operazione di riacquisto di azioni il 25 aprile 2025, nell'ambito del programma precedentemente comunicato il 30 gennaio 2025. La società ha acquistato azioni su diverse piattaforme:
- London Stock Exchange: 633.346 azioni a un prezzo medio ponderato di £24,51
- Chi-X: 150.000 azioni a un prezzo medio ponderato di £24,48
- BATS: 150.000 azioni a un prezzo medio ponderato di £24,48
- Amsterdam (XAMS): 524.080 azioni a un prezzo medio ponderato di €28,85
- CBOE DXE: 150.000 azioni a un prezzo medio ponderato di €28,83
- TQEX: 50.000 azioni a un prezzo medio ponderato di €28,83
Il programma di riacquisto è eseguito da Natixis, che prende decisioni di trading in modo indipendente entro parametri predefiniti, sia per acquisti di mercato che fuori mercato, nel rispetto delle norme UK Listing Rules e Market Abuse Regulations.
Shell plc (SHEL) ha anunciado su última operación de recompra de acciones el 25 de abril de 2025, como parte del programa previamente comunicado el 30 de enero de 2025. La compañía compró acciones en varios mercados:
- Bolsa de Londres: 633.346 acciones a un precio medio ponderado de £24,51
- Chi-X: 150.000 acciones a un precio medio ponderado de £24,48
- BATS: 150.000 acciones a un precio medio ponderado de £24,48
- Ámsterdam (XAMS): 524.080 acciones a un precio medio ponderado de €28,85
- CBOE DXE: 150.000 acciones a un precio medio ponderado de €28,83
- TQEX: 50.000 acciones a un precio medio ponderado de €28,83
El programa de recompra está siendo ejecutado por Natixis, que toma decisiones de trading de forma independiente dentro de parámetros preestablecidos para compras tanto en mercado como fuera de mercado, cumpliendo con las normas UK Listing Rules y Market Abuse Regulations.
Shell plc (SHEL)은 2025년 4월 25일, 2025년 1월 30일에 발표된 기존 프로그램의 일환으로 최신 자사주 매입 거래를 발표했습니다. 회사는 여러 거래소에서 주식을 매입했습니다:
- 런던 증권거래소: 633,346주, 가중평균가격 £24.51
- Chi-X: 150,000주, 가중평균가격 £24.48
- BATS: 150,000주, 가중평균가격 £24.48
- 암스테르담 (XAMS): 524,080주, 가중평균가격 €28.85
- CBOE DXE: 150,000주, 가중평균가격 €28.83
- TQEX: 50,000주, 가중평균가격 €28.83
이 자사주 매입 프로그램은 Natixis가 사전에 설정된 기준 내에서 독립적으로 거래 결정을 내리며, 시장 내외 거래 모두에 대해 영국 상장 규정(UK Listing Rules)과 시장 남용 규정(Market Abuse Regulations)을 준수하여 실행하고 있습니다.
Shell plc (SHEL) a annoncé sa dernière opération de rachat d’actions le 25 avril 2025, dans le cadre du programme précédemment annoncé le 30 janvier 2025. La société a acheté des actions sur plusieurs places :
- Bourse de Londres : 633 346 actions au prix moyen pondéré de £24,51
- Chi-X : 150 000 actions au prix moyen pondéré de £24,48
- BATS : 150 000 actions au prix moyen pondéré de £24,48
- Amsterdam (XAMS) : 524 080 actions au prix moyen pondéré de €28,85
- CBOE DXE : 150 000 actions au prix moyen pondéré de €28,83
- TQEX : 50 000 actions au prix moyen pondéré de €28,83
Le programme de rachat est exécuté par Natixis, qui prend des décisions de trading de manière indépendante dans des paramètres prédéfinis, pour des achats sur le marché comme hors marché, en conformité avec les règles UK Listing Rules et les Market Abuse Regulations.
Shell plc (SHEL) hat am 25. April 2025 seine jüngste Aktienrückkauftransaktion im Rahmen des zuvor am 30. Januar 2025 angekündigten Programms bekannt gegeben. Das Unternehmen erwarb Aktien an mehreren Handelsplätzen:
- London Stock Exchange: 633.346 Aktien zu einem volumengewichteten Durchschnittspreis von £24,51
- Chi-X: 150.000 Aktien zu einem volumengewichteten Durchschnittspreis von £24,48
- BATS: 150.000 Aktien zu einem volumengewichteten Durchschnittspreis von £24,48
- Amsterdam (XAMS): 524.080 Aktien zu einem volumengewichteten Durchschnittspreis von €28,85
- CBOE DXE: 150.000 Aktien zu einem volumengewichteten Durchschnittspreis von €28,83
- TQEX: 50.000 Aktien zu einem volumengewichteten Durchschnittspreis von €28,83
Das Rückkaufprogramm wird von Natixis ausgeführt, die unabhängig innerhalb vorgegebener Parameter Handelsentscheidungen treffen, sowohl für Markt- als auch für außerbörsliche Käufe, unter Einhaltung der UK Listing Rules und der Market Abuse Regulations.
- Large-scale share buyback program demonstrates strong capital return to shareholders
- Multi-exchange execution strategy shows commitment to maintaining market liquidity
- Independent execution by Natixis ensures transparent and unbiased implementation
- None.
Insights
Shell completed final day of previously announced share buyback program, repurchasing 1.66 million shares across multiple trading venues.
Shell plc has executed another round of share repurchases as part of its previously announced buyback program. On April 25, 2025, the company acquired 1,657,426 shares across multiple trading venues for cancellation. The purchases were distributed across various exchanges with 933,346 shares bought in British pounds on London markets at average prices around
Notably, this appears to be the final day of Shell's current buyback initiative that was announced on January 30, 2025, as the article explicitly mentions Natixis would make trading decisions "up to and including 25 April 2025." The company has utilized both on-market and off-market approaches in this program, with all transactions conducted in compliance with relevant UK and EU regulatory frameworks.
Share repurchase programs typically impact companies in several ways. By reducing the number of outstanding shares, they can mathematically increase earnings per share metrics. They also represent an alternative capital return mechanism to dividends, often with different tax implications for shareholders. For energy majors like Shell, buybacks have become a standard component of capital allocation strategies, particularly when commodity prices and cash flows support such initiatives.
The implementation of this program through an independent financial institution (Natixis) highlights the structured approach taken to ensure market compliance and avoid price manipulation concerns, with pre-determined parameters guiding the execution process across multiple trading venues.
Transaction in Own Shares
25 April, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 25 April 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 |
| 25/04/2025 | 633,346 | | | | LSE | GBP |
| 25/04/2025 | 150,000 | | | | Chi-X (CXE) | GBP |
| 25/04/2025 | 150,000 | | | | BATS (BXE) | GBP |
| 25/04/2025 | 524,080 | | | | XAMS | EUR |
| 25/04/2025 | 150,000 | | | | CBOE DXE | EUR |
| 25/04/2025 | 50,000 | | | | 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
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