Transaction in Own Shares
Shell plc (SHEL) has announced a significant share buyback program on August 1, 2024. The company purchased 795,138 shares on the London Stock Exchange at a volume-weighted average price of £28.6304 per share. Additionally, 779,178 shares were bought on the Amsterdam exchange at an average price of €34.0475. This initiative is part of Shell's ongoing share repurchase program, which will continue until October 25, 2024. Citigroup Global Markets is managing the trades independently, operating within pre-set parameters for both on-market and off-market purchases. The program adheres to regulatory guidelines, including EU and UK Market Abuse Regulations.
Shell plc (SHEL) ha annunciato un importante programma di riacquisto di azioni il 1° agosto 2024. L'azienda ha acquistato 795.138 azioni sulla Borsa di Londra a un prezzo medio ponderato per volume di £28,6304 per azione. Inoltre, 779.178 azioni sono state acquistate sulla Borsa di Amsterdam a un prezzo medio di €34,0475. Questa iniziativa fa parte del programma di riacquisto di azioni in corso di Shell, che proseguirà fino al 25 ottobre 2024. Citigroup Global Markets gestisce le operazioni in modo indipendente, operando all'interno di parametri predefiniti sia per acquisti di mercato che fuori mercato. Il programma è conforme alle linee guida normative, comprese le normative UE e UK sul mercato abusivo.
Shell plc (SHEL) ha anunciado un importante programa de recompra de acciones el 1 de agosto de 2024. La compañía compró 795,138 acciones en la Bolsa de Londres a un precio medio ponderado por volumen de £28.6304 por acción. Además, se adquirieron 779,178 acciones en la bolsa de Ámsterdam a un precio promedio de €34.0475. Esta iniciativa es parte del programa de recompra de acciones en curso de Shell, que continuará hasta el 25 de octubre de 2024. Citigroup Global Markets está gestionando las operaciones de manera independiente, operando dentro de parámetros preestablecidos tanto para compras en el mercado como fuera de él. El programa cumple con las pautas regulatorias, incluidas las regulaciones de abuso de mercado de la UE y del Reino Unido.
Shell plc (SHEL)는 2024년 8월 1일에 중요한 자사주매입 프로그램을 발표했습니다. 회사는 런던 증권 거래소에서 평균 가중 가격이 £28.6304인 795,138 주를 매입했습니다. 또한, 암스테르담 거래소에서 평균 가격 €34.0475로 779,178 주를 구매했습니다. 이 이니셔티브는 Shell의 지속적인 자사주매입 프로그램의 일환이며, 2024년 10월 25일까지 계속될 예정입니다. Citigroup Global Markets는 시장 내 및 비시장 구매에 대한 사전 설정된 매개변수 내에서 독립적으로 거래를 관리하고 있습니다. 이 프로그램은 EU 및 영국 시장 남용 규정을 포함한 규제 지침을 준수합니다.
Shell plc (SHEL) a annoncé un programme de rachat d'actions significatif le 1er août 2024. La société a acheté 795,138 actions sur la Bourse de Londres à un prix moyen pondéré par le volume de £28,6304 par action. De plus, 779,178 actions ont été achetées à la Bourse d'Amsterdam à un prix moyen de €34,0475. Cette initiative fait partie du programme de rachat d'actions en cours de Shell, qui se poursuivra jusqu'au 25 octobre 2024. Citigroup Global Markets gère les transactions de manière indépendante, opérant dans des paramètres préétablis pour les achats sur le marché et hors marché. Le programme respecte les directives réglementaires, y compris les réglementations de l'UE et du Royaume-Uni sur les abus de marché.
Shell plc (SHEL) hat am 1. August 2024 ein umfassendes Aktienrückkaufprogramm angekündigt. Das Unternehmen erwarb 795.138 Aktien an der Londoner Börse zu einem volumengewichteten Durchschnittspreis von £28,6304 pro Aktie. Darüber hinaus wurden 779.178 Aktien an der Börse in Amsterdam zu einem durchschnittlichen Preis von €34,0475 gekauft. Diese Initiative ist Teil des laufenden Aktienrückkaufprogramms von Shell, das bis zum 25. Oktober 2024 fortgesetzt wird. Citigroup Global Markets verwaltet die Geschäfte unabhängig und arbeitet innerhalb vorgegebener Parameter für sowohl Markt- als auch NICHT-Marktkäufe. Das Programm entspricht den regulatorischen Richtlinien, einschließlich der EU- und UK-Vorschriften zum Marktmissbrauch.
- Shell is executing a substantial share buyback program, potentially increasing shareholder value
- The company is purchasing shares on multiple exchanges, demonstrating a comprehensive approach to the buyback
- The program is structured to comply with regulatory requirements, showing good corporate governance
- Significant capital expenditure on share buybacks may reduce funds available for other investments or operations
Transaction in Own Shares
01 August, 2024
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 01 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 |
| 01/08/2024 | 795,138 | LSE | GBP | |||
| 01/08/2024 | - | Chi-X (CXE) | GBP | |||
| 01/08/2024 | - | BATS (BXE) | GBP | |||
| 01/08/2024 | 779,178 | XAMS | EUR | |||
| 01/08/2024 | - | CBOE DXE | EUR | |||
| 01/08/2024 | - | 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
FAQ
How many shares did Shell (SHEL) repurchase on August 1, 2024?
What was the average price paid per share for Shell's (SHEL) stock buyback on August 1, 2024?
When is Shell's (SHEL) current share buyback program scheduled to end?
Who is managing Shell's (SHEL) share repurchase trades?
