Transaction in Own Shares
Shell plc (SHEL) has announced share repurchases conducted on January 3, 2025, as part of its existing buyback programme announced on October 31, 2024. The company purchased 780,000 shares on the London Stock Exchange at prices ranging from £25.3850 to £25.7600, with a volume-weighted average price of £25.6712. Additionally, 500,000 shares were purchased on XAMS at prices between €30.9200 and €31.4000, averaging €31.3077.
The purchases are part of Shell's share buy-back programme managed by Citigroup Global Markets , which will make independent trading decisions from October 31, 2024, through January 24, 2025. The programme includes both on-market and off-market components, operating under UK Listing Rules, EU MAR, and UK MAR regulations.
Shell plc (SHEL) ha annunciato riacquisti di azioni effettuati il 3 gennaio 2025, come parte del suo programma di buyback esistente annunciato il 31 ottobre 2024. L'azienda ha acquistato 780.000 azioni sulla Borsa di Londra a prezzi compresi tra £25,3850 e £25,7600, con un prezzo medio ponderato per volume di £25,6712. Inoltre, 500.000 azioni sono state acquistate su XAMS a prezzi tra €30,9200 e €31,4000, con una media di €31,3077.
Gli acquisti fanno parte del programma di riacquisto azionario di Shell gestito da Citigroup Global Markets, che prenderà decisioni di trading indipendenti dal 31 ottobre 2024 al 24 gennaio 2025. Il programma comprende componenti sia sul mercato che fuori mercato, operando secondo le Normative di Registrazione del Regno Unito, l'EU MAR e le regolazioni del UK MAR.
Shell plc (SHEL) ha anunciado recompra de acciones realizadas el 3 de enero de 2025, como parte de su programa de recompra existente anunciado el 31 de octubre de 2024. La empresa adquirió 780.000 acciones en la Bolsa de Londres a precios que oscilan entre £25,3850 y £25,7600, con un precio medio ponderado de £25,6712. Además, 500.000 acciones fueron compradas en XAMS a precios entre €30,9200 y €31,4000, promediando €31,3077.
Las compras son parte del programa de recompra de acciones de Shell gestionado por Citigroup Global Markets, que tomará decisiones comerciales independientes desde el 31 de octubre de 2024 hasta el 24 de enero de 2025. El programa incluye componentes tanto en el mercado como fuera de él, operando bajo las Normas de Registro del Reino Unido, EU MAR y regulaciones del UK MAR.
Shell plc (SHEL)는 2025년 1월 3일에 이루어진 자사주 매입을 발표했습니다. 이는 2024년 10월 31일에 발표된 기존 자사주 매입 프로그램의 일환입니다. 회사는 런던 증권 거래소에서 780,000주를 £25.3850에서 £25.7600 사이의 가격으로 매입했으며, 거래량 가중 평균 가격은 £25.6712입니다. 추가로 500,000주는 XAMS에서 €30.9200와 €31.4000 사이의 가격으로 매입되었으며, 평균 가격은 €31.3077입니다.
이 매입은 Citigroup Global Markets에 의해 관리되는 Shell의 자사주 매입 프로그램의 일환이며, 2024년 10월 31일부터 2025년 1월 24일까지 독립적인 거래 결정을 내릴 것입니다. 이 프로그램은 영국 상장 규정, EU MAR, UK MAR 규정에 따라 시장 내외의 구성 요소를 포함합니다.
Shell plc (SHEL) a annoncé des rachats d'actions effectués le 3 janvier 2025, dans le cadre de son programme de rachat existant annoncé le 31 octobre 2024. La société a acheté 780 000 actions à la Bourse de Londres à des prix variant de £25,3850 à £25,7600, avec un prix moyen pondéré de £25,6712. De plus, 500 000 actions ont été achetées sur XAMS à des prix se situant entre €30,9200 et €31,4000, pour une moyenne de €31,3077.
Ces achats font partie du programme de rachat d'actions de Shell géré par Citigroup Global Markets, qui prendra des décisions de trading indépendantes du 31 octobre 2024 au 24 janvier 2025. Le programme comprend des éléments à la fois sur le marché et hors marché, opérant selon les règles de liste du Royaume-Uni, l'EU MAR et les réglementations du UK MAR.
Shell plc (SHEL) hat Aktienrückkäufe bekannt gegeben, die am 3. Januar 2025 durchgeführt wurden, im Rahmen seines bestehenden Rückkaufprogramms, das am 31. Oktober 2024 angekündigt wurde. Das Unternehmen hat 780.000 Aktien an der Londoner Börse zu Preisen zwischen £25,3850 und £25,7600 gekauft, mit einem volumen-weighted Durchschnittspreis von £25,6712. Außerdem wurden 500.000 Aktien an der XAMS zu Preisen zwischen €30,9200 und €31,4000 erworben, mit einem Durchschnitt von €31,3077.
Die Käufe sind Teil des Aktienrückkaufprogramms von Shell, das von Citigroup Global Markets verwaltet wird, das zwischen dem 31. Oktober 2024 und dem 24. Januar 2025 unabhängige Handelsentscheidungen treffen wird. Das Programm umfasst sowohl Markt- als auch außerbörsliche Komponenten und unterliegt den UK Listing Rules, EU MAR und UK MAR Vorschriften.
- Continued execution of share buyback program demonstrates strong capital return commitment to shareholders
- Significant daily purchase volume indicates robust implementation of buyback strategy
- None.
Insights
Shell's latest share buyback activity demonstrates continued commitment to shareholder value, with 780,000 shares purchased on the London Stock Exchange at a volume-weighted average price of
The dual-market execution strategy (LSE and Euronext) optimizes liquidity and price efficiency while maintaining regulatory compliance across UK and EU frameworks. The weighted average purchase prices indicate disciplined execution, with tight spreads between highest and lowest prices paid (
For retail investors, share buybacks typically support stock price stability and can indicate management's view that shares are undervalued. The structured nature of this program, with pre-set parameters and independent execution, helps mitigate market impact while providing predictable support for the stock.
The execution metrics of Shell's buyback reveal sophisticated market timing and volume distribution. The total daily repurchase of 1.28 million shares across two major exchanges represents approximately
The price differential between London and Amsterdam listings (
This methodical approach to capital return, combined with the extended program timeline through January 24, 2025, provides a stable technical support floor for the stock while maintaining market efficiency. The transparent disclosure of trade details enhances market confidence and meets best practice governance standards.
Transaction in Own Shares
03 January, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 03 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 |
| 03/01/2025 | 780,000 | LSE | GBP | |||
| 03/01/2025 | - | Chi-X (CXE) | GBP | |||
| 03/01/2025 | - | BATS (BXE) | GBP | |||
| 03/01/2025 | 500,000 | XAMS | EUR | |||
| 03/01/2025 | - | CBOE DXE | EUR | |||
| 03/01/2025 | - | 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
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When will Shell's (SHEL) current buyback program end?
What was the volume-weighted average price for Shell's (SHEL) share purchases on January 3, 2025?
