Transaction in Own Shares
Shell plc (SHEL) has announced the repurchase of its own shares on August 29, 2024, as part of its ongoing share buy-back programme. The company bought 802,094 shares on the London Stock Exchange at a volume-weighted average price of £27.0116 per share, and 782,469 shares on Euronext Amsterdam at €32.3920 per share. This initiative is part of Shell's previously announced share buy-back programme from August 1, 2024, which will continue until October 25, 2024. Citigroup Global Markets is managing the trading decisions independently within pre-set parameters. The programme complies with relevant market regulations and is being conducted through both on-market and off-market mechanisms.
Shell plc (SHEL) ha annunciato il riacquisto delle proprie azioni il 29 agosto 2024, come parte del suo programma di riacquisto di azioni in corso. L'azienda ha acquistato 802.094 azioni sulla Borsa di Londra a un prezzo medio ponderato per volume di £27.0116 per azione, e 782.469 azioni su Euronext Amsterdam a €32.3920 per azione. Questa iniziativa fa parte del programma di riacquisto di azioni precedentemente annunciato da Shell a partire dal 1° agosto 2024, che continuerà fino al 25 ottobre 2024. Citigroup Global Markets gestisce le decisioni di trading in modo indipendente all'interno di parametri predefiniti. Il programma è conforme alle normative di mercato pertinenti ed è condotto attraverso meccanismi sia di mercato che fuori mercato.
Shell plc (SHEL) ha anunciado la recompra de sus propias acciones el 29 de agosto de 2024, como parte de su programa de recompra de acciones en curso. La compañía compró 802.094 acciones en la Bolsa de Londres a un precio medio ponderado por volumen de £27.0116 por acción, y 782.469 acciones en Euronext Ámsterdam a €32.3920 por acción. Esta iniciativa es parte del programa de recompra de acciones previamente anunciado por Shell que comenzó el 1 de agosto de 2024 y continuará hasta el 25 de octubre de 2024. Citigroup Global Markets gestiona las decisiones de trading de manera independiente dentro de parámetros preestablecidos. El programa cumple con las regulaciones de mercado pertinentes y se lleva a cabo a través de mecanismos tanto en el mercado como fuera de él.
Shell plc (SHEL)은 2024년 8월 29일 자사 주식의 매입을 발표했습니다. 이는 진행 중인 자사주 매입 프로그램의 일환입니다. 이 회사는 런던 증권 거래소에서 802,094주를 평균 거래량 가중 가격 £27.0116로 매입하였고, 유로넥스트 암스테르담에서 782,469주를 €32.3920의 가격으로 매입했습니다. 이 이니셔티브는 2024년 8월 1일부터 시작된 Shell의 이전에 발표된 자사주 매입 프로그램의 일환이며, 2024년 10월 25일까지 계속될 예정입니다. Citigroup Global Markets는 사전에 설정된 매개 변수를 기반으로 독립적으로 거래 결정을 관리하고 있습니다. 이 프로그램은 관련 시장 규정을 준수하며, 시장 및 비시장 메커니즘을 통해 수행되고 있습니다.
Shell plc (SHEL) a annoncé le rachat de ses propres actions le 29 août 2024, dans le cadre de son programme de rachat d'actions en cours. La société a acheté 802.094 actions sur la Bourse de Londres à un prix moyen pondéré par volume de £27.0116 par action, et 782.469 actions sur Euronext Amsterdam à €32.3920 par action. Cette initiative fait partie du programme de rachat d'actions précédemment annoncé par Shell à compter du 1er août 2024, qui se poursuivra jusqu'au 25 octobre 2024. Citigroup Global Markets gère les décisions de négociation indépendamment selon des paramètres prédéfinis. Le programme est conforme aux réglementations de marché pertinentes et est mené à travers des mécanismes de marché et hors marché.
Shell plc (SHEL) hat am 29. August 2024 den Rückkauf eigener Aktien im Rahmen seines laufenden Aktienrückkaufprogramms angekündigt. Das Unternehmen kaufte 802.094 Aktien an der Londoner Börse zu einem volumengewichteten Durchschnittspreis von £27.0116 pro Aktie und 782.469 Aktien an der Euronext Amsterdam zu €32.3920 pro Aktie. Diese Initiative ist Teil des zuvor angekündigten Aktienrückkaufprogramms von Shell, das am 1. August 2024 begann und bis zum 25. Oktober 2024 andauern wird. Citigroup Global Markets verwaltet die Handelsentscheidungen unabhängig innerhalb vordefinierter Parameter. Das Programm entspricht den relevanten Marktregeln und wird sowohl über Markt- als auch über außerbörsliche Mechanismen durchgeführt.
- Shell is actively managing its capital structure through share repurchases, potentially increasing shareholder value
- The company is executing its previously announced share buy-back programme, demonstrating commitment to shareholder returns
- Significant cash outflow for share repurchases may reduce funds available for other investments or operations
Transaction in Own Shares
29 August, 2024
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 29 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 |
| 29/08/2024 | 802,094 | LSE | GBP | |||
| 29/08/2024 | - | Chi-X (CXE) | GBP | |||
| 29/08/2024 | - | BATS (BXE) | GBP | |||
| 29/08/2024 | 782,469 | XAMS | EUR | |||
| 29/08/2024 | - | CBOE DXE | EUR | |||
| 29/08/2024 | - | 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
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