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Shell plc announces share repurchases conducted on December 3, 2024, as part of its previously announced buyback programme. The company purchased 835,000 shares on LSEG at prices between £25.2700 and £25.6950, with a volume-weighted average price of £25.5497. Additionally, 550,000 shares were purchased on XAMS at prices between €30.7100 and €31.1850, with a volume-weighted average price of €31.0094.

These purchases are part of Shell's share buy-back programme announced on October 31, 2024. Citigroup Global Markets is managing the trading decisions independently until 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 annuncia i riacquisti di azioni effettuati il 3 dicembre 2024, come parte del suo programma di buyback precedentemente annunciato. L'azienda ha acquistato 835.000 azioni presso LSEG a prezzi compresi tra £25,2700 e £25,6950, con un prezzo medio ponderato per volume di £25,5497. Inoltre, sono state acquistate 550.000 azioni su XAMS a prezzi compresi tra €30,7100 e €31,1850, con un prezzo medio ponderato per volume di €31,0094.

Questi acquisti fanno parte del programma di riacquisto di azioni di Shell annunciato il 31 ottobre 2024. Citigroup Global Markets gestisce le decisioni di trading in modo indipendente fino al 24 gennaio 2025. Il programma include sia componenti di mercato che fuori mercato, operando in base alle normative UK Listing Rules, EU MAR e UK MAR.

Shell plc anuncia la recompra de acciones realizada el 3 de diciembre de 2024, como parte de su programa de recompra anunciado previamente. La empresa adquirió 835,000 acciones en LSEG a precios entre £25.2700 y £25.6950, con un precio promedio ponderado por volumen de £25.5497. Además, se compraron 550,000 acciones en XAMS a precios entre €30.7100 y €31.1850, con un precio promedio ponderado por volumen de €31.0094.

Estas compras son parte del programa de recompra de acciones de Shell anunciado el 31 de octubre de 2024. Citigroup Global Markets está gestionando las decisiones de negociación de manera independiente hasta el 24 de enero de 2025. El programa incluye componentes tanto en el mercado como fuera del mercado, operando bajo las reglas de listado del Reino Unido, EU MAR y regulaciones de UK MAR.

셸 plc는 2024년 12월 3일에 실시된 주식 매입을 발표하며, 이는 이전에 발표된 자사주 매입 프로그램의 일환입니다. 회사는 835,000주를 LSEG에서 £25.2700에서 £25.6950 사이의 가격으로 구매했으며, 총 거래량 가중 평균 가격은 £25.5497입니다. 추가로 550,000주가 XAMS에서 €30.7100에서 €31.1850 사이의 가격으로 구매되었으며, 총 거래량 가중 평균 가격은 €31.0094입니다.

이 구매는 2024년 10월 31일에 발표된 셸의 자사주 매입 프로그램의 일환입니다. 씨티그룹 글로벌 마켓은 2025년 1월 24일까지 독립적으로 거래 결정을 관리합니다. 이 프로그램에는 시장 내 및 시장 외 구성 요소가 포함되며, 영국 상장 규칙, EU MAR 및 영국 MAR 규정에 따라 운영됩니다.

Shell plc annonce des rachats d'actions effectués le 3 décembre 2024, dans le cadre de son programme de rachat annoncé précédemment. La société a acheté 835 000 actions sur LSEG à des prix variant entre £25,2700 et £25,6950, avec un prix moyen pondéré par le volume de £25,5497. De plus, 550 000 actions ont été acquises sur XAMS à des prix compris entre €30,7100 et €31,1850, avec un prix moyen pondéré par le volume de €31,0094.

Ces achats font partie du programme de rachat d'actions de Shell annoncé le 31 octobre 2024. Citigroup Global Markets gère indépendamment les décisions de trading jusqu'au 24 janvier 2025. Le programme comprend des composantes à la fois sur le marché et hors marché, opérant sous les règles de cotation du Royaume-Uni, EU MAR et les réglementations UK MAR.

Shell plc gibt die am 3. Dezember 2024 durchgeführten Aktienrückkäufe bekannt, die Teil ihres zuvor angekündigten Rückkaufprogramms sind. Das Unternehmen hat 835.000 Aktien an der LSEG zu Preisen zwischen £25,2700 und £25,6950 gekauft, mit einem volumen-weightierten Durchschnittspreis von £25,5497. Zudem wurden 550.000 Aktien an der XAMS zu Preisen zwischen €30,7100 und €31,1850 gekauft, mit einem volumen-weightierten Durchschnittspreis von €31,0094.

Diese Käufe sind Teil von Shells Aktienrückkaufprogramm, das am 31. Oktober 2024 angekündigt wurde. Citigroup Global Markets verwaltet die Handelsentscheidungen bis zum 24. Januar 2025 unabhängig. Das Programm umfasst sowohl Marktkäufe als auch außerbörsliche Komponenten und unterliegt den Vorschriften der UK Listing Rules, EU MAR und UK MAR.

Positive
  • Ongoing share buyback program demonstrates strong capital return commitment to shareholders
  • Significant share repurchase volume of 1,385,000 shares across markets indicates robust execution of buyback strategy
Negative
  • None.

Insights

Shell's latest share buyback activity shows continued execution of their capital return program, with 835,000 shares purchased on the London Stock Exchange at a VWAP of £25.5497 and 550,000 shares on Euronext Amsterdam at €31.0094. This strategic repurchase, part of their program announced on October 31, demonstrates strong capital allocation discipline and confidence in the company's financial position.

The timing and execution through Citigroup suggests a well-structured approach to capital returns, with clear parameters and regulatory compliance. For investors, this represents continued commitment to shareholder value, maintaining the company's track record of robust capital return policies. The volume and pricing indicate measured implementation without significant market impact, while the dual-exchange execution reflects Shell's international shareholder base.

Transaction in Own Shares

03 December, 2024

• • • • • • • • • • • • • • • •        

Shell plc (the ‘Company’) announces that on 03 December 2024 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

Date of purchaseNumber of Shares purchasedHighest price paid


Lowest price paid


Volume weighted average price paid per shareVenueCurrency
03/12/2024835,000 £25.6950£25.2700£25.5497LSEGBP
03/12/2024- £0.0000£0.0000£0.0000Chi-X (CXE)
GBP
03/12/2024- £0.0000£0.0000£0.0000BATS (BXE)
GBP
03/12/2024550,000 €31.1850€30.7100€31.0094XAMSEUR
03/12/2024- €0.0000€0.0000€0.0000CBOE DXEEUR
03/12/2024- €0.0000€0.0000€0.0000TQEXEUR

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

How many shares did Shell (SHEL) repurchase on December 3, 2024?

Shell purchased a total of 1,385,000 shares on December 3, 2024, consisting of 835,000 shares on LSEG and 550,000 shares on XAMS.

What was the price range for Shell's (SHEL) share buyback on December 3, 2024?

On LSEG, shares were purchased between £25.2700 and £25.6950, while on XAMS, shares were purchased between €30.7100 and €31.1850.

When will Shell's (SHEL) current share buyback programme end?

The current share buyback programme, managed by Citigroup Global Markets , will continue until January 24, 2025.

Shell plc American Depositary Shares (Each represents two Ordinary shares)

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