Transaction in Own Shares
Shell plc (SHEL) has announced its latest share buyback transaction conducted on January 6, 2025. The company purchased 910,000 shares on the London Stock Exchange at prices ranging from £25.6150 to £25.8500, with a volume-weighted average price of £25.7676. Additionally, 600,000 shares were purchased on XAMS at prices between €31.1950 and €31.4700, averaging €31.3460.
These purchases are part of Shell's share buyback 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 (SHEL) ha annunciato la sua ultima operazione di riacquisto di azioni effettuata il 6 gennaio 2025. L'azienda ha acquistato 910.000 azioni sulla Borsa di Londra a prezzi compresi tra £25,6150 e £25,8500, con un prezzo medio ponderato per volume di £25,7676. Inoltre, 600.000 azioni sono state acquistate su XAMS a prezzi tra €31,1950 e €31,4700, con una media di €31,3460.
Questi acquisti fanno parte del programma di riacquisto di azioni di Shell annunciato il 31 ottobre 2024. Citigroup Global Markets gestisce in modo indipendente le decisioni di trading fino al 24 gennaio 2025. Il programma include sia componenti di mercato che di mercato secondario, operando secondo le Normative di Listing nel Regno Unito, le normative EU MAR e UK MAR.
Shell plc (SHEL) ha anunciado su más reciente transacción de recompra de acciones realizada el 6 de enero de 2025. La compañía compró 910,000 acciones en la Bolsa de Valores de Londres a precios que oscilan entre £25.6150 y £25.8500, con un precio promedio ponderado por volumen de £25.7676. Además, se compraron 600,000 acciones en XAMS a precios entre €31.1950 y €31.4700, promediando €31.3460.
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 de él, operando bajo las Normas de Cotización del Reino Unido, EU MAR y regulaciones de UK MAR.
셸 plc (SHEL)은 2025년 1월 6일에 실시된 최신 주식 매입 거래를 발표했습니다. 이 회사는 런던 증권거래소에서 910,000 주를 £25.6150에서 £25.8500 사이의 가격으로 매입했으며, 거래량 가중 평균가는 £25.7676입니다. 또한, 600,000 주는 XAMS에서 €31.1950에서 €31.4700 사이의 가격으로 매입하며 평균 €31.3460입니다.
이 매입들은 2024년 10월 31일에 발표된 셸의 주식 매입 프로그램의 일환입니다. 시티그룹 글로벌 마켓은 2025년 1월 24일까지 독립적으로 거래 결정을 관리하고 있습니다. 이 프로그램은 영국 상장 규정, EU MAR 및 UK MAR 규정을 준수하여 시장 내외에서 운영됩니다.
Shell plc (SHEL) a annoncé sa dernière opération de rachat d'actions réalisée le 6 janvier 2025. La société a acheté 910 000 actions à la Bourse de Londres à des prix allant de £25,6150 à £25,8500, avec un prix moyen pondéré par le volume de £25,7676. De plus, 600 000 actions ont été acquises sur XAMS à des prix compris entre €31,1950 et €31,4700, avec une moyenne de €31,3460.
Ces achats font partie du programme de rachat d'actions de Shell annoncé le 31 octobre 2024. Citigroup Global Markets gère de manière indépendante les décisions de négociation jusqu'au 24 janvier 2025. Le programme comprend à la fois des composants de marché et des composants hors marché, fonctionnant conformément aux règles de cotation du Royaume-Uni, à l'EU MAR et aux réglementations UK MAR.
Shell plc (SHEL) hat seine neueste Aktienrückkauftransaktion, die am 6. Januar 2025 durchgeführt wurde, bekannt gegeben. Das Unternehmen kaufte 910.000 Aktien an der Londoner Börse zu Preisen zwischen £25,6150 und £25,8500, mit einem volumen-gewogenen Durchschnittspreis von £25,7676. Zusätzlich wurden 600.000 Aktien an der XAMS zu Preisen zwischen €31,1950 und €31,4700 gekauft und erreichten einen Durchschnittspreis von €31,3460.
Diese Käufe sind Teil des Aktienrückkaufprogramms von Shell, das am 31. Oktober 2024 angekündigt wurde. Citigroup Global Markets verwaltet die Handelsentscheidungen bis zum 24. Januar 2025 unabhängig. Das Programm umfasst sowohl Markt- als auch außerbörsliche Komponenten, die gemäß den britischen Zulassungsregeln, EU MAR und UK MAR Vorschriften betrieben werden.
- Ongoing share buyback program demonstrates strong capital return commitment to shareholders
- Significant volume of shares purchased (910,000 LSE + 600,000 XAMS) indicates robust execution of buyback program
- None.
Insights
Shell's latest share buyback execution reveals strategic capital deployment, with the purchase of 910,000 shares on the London Stock Exchange at an average price of
The execution through Citigroup, operating independently within pre-set parameters, suggests careful implementation to minimize market impact. The dual-market approach (LSE and Euronext) optimizes liquidity access and potentially reduces execution costs. The volume-weighted average prices indicate disciplined execution, staying within a tight range of
This buyback reflects Shell's strong cash position and confidence in underlying business performance. For investors, it represents effective capital return while potentially supporting share price through reduced float. The strict regulatory compliance framework (UK MAR and EU MAR) ensures market integrity during the buyback execution.
The timing and structure of this buyback execution demonstrates sophisticated treasury management. The split between GBP and EUR denominated purchases (60.3% LSE, 39.7% Euronext by volume) suggests careful currency exposure management, particularly relevant given Shell's dual listing structure. The total daily buyback value of approximately
The predefined execution framework through Citigroup until January 24, 2025, provides market clarity while maintaining operational flexibility. The absence of trades on alternative venues (Chi-X, BATS, CBOE DXE, TQEX) indicates a focus on primary markets for optimal liquidity and price discovery. This structured approach to capital return aligns with best practices in corporate treasury operations.
Transaction in Own Shares
06 January, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 06 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 |
| 06/01/2025 | 910,000 | LSE | GBP | |||
| 06/01/2025 | - | Chi-X (CXE) | GBP | |||
| 06/01/2025 | - | BATS (BXE) | GBP | |||
| 06/01/2025 | 600,000 | XAMS | EUR | |||
| 06/01/2025 | - | CBOE DXE | EUR | |||
| 06/01/2025 | - | 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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