Transaction in Own Shares
Shell plc (SHEL) has announced a significant share repurchase activity on August 5, 2024, as part of its ongoing buyback program. The company bought back 852,222 shares on the London Stock Exchange at prices ranging from £26.6000 to £27.0650, with a volume-weighted average price of £26.8334. Additionally, 831,503 shares were purchased on the Amsterdam exchange at prices between €31.1950 and €31.8150, averaging €31.5001 per share.
This share buyback is part of Shell's previously announced program from August 1, 2024. Citigroup Global Markets is managing the trades independently until October 25, 2024. The buyback adheres to pre-set parameters and complies with relevant market regulations, including EU and UK Market Abuse Regulations.
Shell plc (SHEL) ha annunciato un'operazione significativa di riacquisto di azioni il 5 agosto 2024, come parte del suo programma di riacquisto in corso. L'azienda ha riacquistato 852.222 azioni dalla Borsa di Londra a prezzi compresi tra £26.6000 e £27.0650, con un prezzo medio ponderato per volume di £26.8334. Inoltre, 831.503 azioni sono state acquistate sulla borsa di Amsterdam a prezzi compresi tra €31.1950 e €31.8150, con una media di €31.5001 per azione.
Questo riacquisto di azioni fa parte del programma già annunciato da Shell dal 1 agosto 2024. Citigroup Global Markets gestisce in modo indipendente le operazioni fino al 25 ottobre 2024. Il riacquisto rispetta parametri predefiniti e si conforma alle normative di mercato pertinenti, comprese le normative sull'abuso di mercato dell'UE e del Regno Unito.
Shell plc (SHEL) ha anunciado una actividad significativa de recompra de acciones el 5 de agosto de 2024, como parte de su programa de recompra en curso. La compañía recompró 852.222 acciones en la Bolsa de Londres a precios que oscilan entre £26.6000 y £27.0650, con un precio medio ponderado por volumen de £26.8334. Además, se compraron 831.503 acciones en la bolsa de Ámsterdam a precios comprendidos entre €31.1950 y €31.8150, con un promedio de €31.5001 por acción.
Esta recompra de acciones es parte del programa previamente anunciado por Shell desde el 1 de agosto de 2024. Citigroup Global Markets está gestionando las operaciones de forma independiente hasta el 25 de octubre de 2024. La recompra cumple con parámetros preestablecidos y se adhiere a las regulaciones de mercado pertinentes, incluidas las regulaciones sobre abusos de mercado de la UE y del Reino Unido.
Shell plc (SHEL)는 2024년 8월 5일 ongoing buyback 프로그램의 일환으로 주요 주식 환매 활동을 발표했습니다. 이 회사는 런던 증권 거래소에서 852,222주를 £26.6000에서 £27.0650 사이의 가격으로 매입했으며, 가중 평균 가격은 £26.8334입니다. 추가로, 암스테르담 거래소에서 831,503주가 €31.1950에서 €31.8150 사이의 가격으로 매입되었으며, 한 주당 평균은 €31.5001입니다.
이번 주식 환매는 2024년 8월 1일에 발표된 Shell의 프로그램의 일환입니다. Citigroup Global Markets는 2024년 10월 25일까지 독립적으로 거래를 관리하고 있습니다. 이번 환매는 사전 설정된 기준을 준수하며, EU 및 영국 시장 남용 규정을 포함한 관련 시장 규정을 준수합니다.
Shell plc (SHEL) a annoncé une activité de rachat d'actions significative le 5 août 2024, dans le cadre de son programme de rachat en cours. La société a racheté 852.222 actions sur la Bourse de Londres à des prix variant de £26.6000 à £27.0650, avec un prix moyen pondéré par le volume de £26.8334. De plus, 831.503 actions ont été achetées sur la bourse d'Amsterdam à des prix compris entre €31.1950 et €31.8150, avec une moyenne de €31.5001 par action.
Ce rachat d'actions fait partie du programme précédemment annoncé par Shell à partir du 1er août 2024. Citigroup Global Markets gère les échanges de manière indépendante jusqu'au 25 octobre 2024. Le rachat respecte les paramètres prédéfinis et se conforme aux réglementations de marché pertinentes, y compris les règlementations sur les abus de marché de l'UE et du Royaume-Uni.
Shell plc (SHEL) hat am 5. August 2024 eine bedeutende Aktienrückkaufaktivität im Rahmen seines laufenden Rückkaufprogramms angekündigt. Das Unternehmen hat 852.222 Aktien an der Londoner Börse zu Preisen zwischen £26.6000 und £27.0650 zurückgekauft, mit einem volumengewichteten Durchschnittspreis von £26.8334. Zudem wurden 831.503 Aktien an der Börse in Amsterdam zu Preisen zwischen €31.1950 und €31.8150 erworben, mit einem Durchschnittspreis von €31.5001 pro Aktie.
Dieser Aktienrückkauf ist Teil des zuvor angekündigten Programms von Shell ab dem 1. August 2024. Citigroup Global Markets verwaltet die Trades bis zum 25. Oktober 2024 unabhängig. Der Rückkauf entspricht den festgelegten Parametern und erfüllt die geltenden Marktregulierungen, einschließlich der Marktmissbrauchsverordnungen der EU und des Vereinigten Königreichs.
- Shell is actively implementing its share buyback program, potentially increasing shareholder value
- The company has sufficient cash flow to fund significant share repurchases
- The buyback program demonstrates management's confidence in the company's financial position
- Large share repurchases may reduce the company's cash reserves for other investments or operations
Transaction in Own Shares
05 August, 2024
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 05 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 |
| 05/08/2024 | 852,222 | LSE | GBP | |||
| 05/08/2024 | - | Chi-X (CXE) | GBP | |||
| 05/08/2024 | - | BATS (BXE) | GBP | |||
| 05/08/2024 | 831,503 | XAMS | EUR | |||
| 05/08/2024 | - | CBOE DXE | EUR | |||
| 05/08/2024 | - | 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
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