Transaction in Own Shares
Rhea-AI Summary
Shell plc (SHEL) has announced a new share buyback transaction executed on February 26, 2025. The purchases are part of the company's existing share buy-back programme previously announced on January 30, 2025.
The programme will be managed by Natixis, who will make independent trading decisions from January 30, 2025 to April 25, 2025. The buyback includes both on-market and off-market components, operating under pre-set parameters and in accordance with Shell's general authority to repurchase shares.
The programme complies with UK Listing Rules Chapter 9, EU and UK Market Abuse Regulations, and related delegated regulations, including post-Brexit transition period requirements.
Positive
- Share buyback program indicates strong cash position and commitment to shareholder returns
- Independent execution by Natixis ensures market compliance and transparency
Negative
- Capital expenditure on buybacks reduces funds available for business investment
News Market Reaction 1 Alert
On the day this news was published, SHEL gained 0.75%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Transaction in Own Shares
26 February, 2025
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Shell plc (the ‘Company’) announces that on 26 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 |
| 26/02/2025 | 800,000 | | | | LSE | GBP |
| 26/02/2025 | 100,000 | | | | Chi-X (CXE) | GBP |
| 26/02/2025 | 106,485 | | | | BATS (BXE) | GBP |
| 26/02/2025 | 567,488 | | | | XAMS | EUR |
| 26/02/2025 | 105,963 | | | | CBOE DXE | EUR |
| 26/02/2025 | 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?
Who is executing Shell's (SHEL) share buyback program announced in January 2025?
What regulatory frameworks govern Shell's (SHEL) 2025 share buyback program?
How is Shell's (SHEL) 2025 share buyback program structured?
