Transaction in Own Shares
Shell plc (SHEL) has announced the repurchase of its own shares on August 16, 2024, as part of its ongoing share buy-back programme. The company bought 796,250 shares on the London Stock Exchange at a volume-weighted average price of £27.8748 per share, and 777,488 shares on the Amsterdam exchange at €32.9384 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, adhering to pre-set parameters and regulatory guidelines including EU MAR and UK MAR.
Shell plc (SHEL) ha annunciato il riacquisto delle proprie azioni il 16 agosto 2024, nell'ambito del suo programma di riacquisto azionario in corso. L'azienda ha acquistato 796.250 azioni sulla Borsa di Londra a un prezzo medio ponderato per volume di £27,8748 per azione, e 777.488 azioni sulla borsa di Amsterdam a €32,9384 per azione. Questa iniziativa fa parte del programma di riacquisto delle azioni già annunciato da Shell dall'1 agosto 2024, che continuerà fino al 25 ottobre 2024. Citigroup Global Markets gestisce autonomamente le decisioni di trading, attenendosi a parametri predefiniti e linee guida normative, tra cui EU MAR e UK MAR.
Shell plc (SHEL) anunció la recompra de sus propias acciones el 16 de agosto de 2024, como parte de su programa de recompra de acciones en curso. La compañía compró 796,250 acciones en la Bolsa de Valores de Londres a un precio promedio ponderado por volumen de £27.8748 por acción, y 777,488 acciones en la bolsa de Ámsterdam a €32.9384 por acción. Esta iniciativa es parte del programa de recompra de acciones previamente anunciado por Shell desde el 1 de agosto de 2024, que continuará hasta el 25 de octubre de 2024. Citigroup Global Markets está gestionando las decisiones de negociación de manera independiente, cumpliendo con los parámetros preestablecidos y las pautas regulatorias, incluyendo EU MAR y UK MAR.
Shell plc (SHEL)은 2024년 8월 16일 자사주 매입 프로그램의 일환으로 자사 주식 매입을 발표했습니다. 이 회사는 런던 증권 거래소에서 796,250주를 주당 £27.8748의 거래량 가중 평균 가격으로 매입하였고, 암스테르담 거래소에서는 777,488주를 주당 €32.9384로 매입하였습니다. 이 이니셔티브는 2024년 8월 1일부터 시작된 Shell의 자사주 매입 프로그램의 일환이며, 2024년 10월 25일까지 계속될 것입니다. Citigroup Global Markets는 미리 설정된 매개변수와 EU MAR 및 UK MAR을 포함한 규제 지침을 준수하며 독립적으로 거래 결정을 관리하고 있습니다.
Shell plc (SHEL) a annoncé le rachat de ses propres actions le 16 août 2024, dans le cadre de son programme de rachat d'actions en cours. L'entreprise a acheté 796.250 actions à la Bourse de Londres à un prix moyen pondéré par le volume de £27,8748 par action, et 777.488 actions sur la bourse d'Amsterdam à €32,9384 par action. Cette initiative fait partie du programme de rachat d'actions précédemment annoncé par Shell à partir du 1er août 2024, qui se poursuivra jusqu'au 25 octobre 2024. Citigroup Global Markets gère les décisions de négociation de manière indépendante, respectant des paramètres préétablis et des lignes directrices réglementaires, y compris EU MAR et UK MAR.
Shell plc (SHEL) hat am 16. August 2024 den Rückkauf eigener Aktien im Rahmen seines laufenden Aktienrückkaufprogramms angekündigt. Das Unternehmen kaufte 796.250 Aktien an der Londoner Börse zu einem volumengewichteten Durchschnittspreis von £27,8748 pro Aktie und 777.488 Aktien an der Amsterdamer Börse zu €32,9384 pro Aktie. Diese Initiative ist Teil des bereits angekündigten Aktienrückkaufprogramms von Shell, das am 1. August 2024 begann und bis zum 25. Oktober 2024 fortgeführt wird. Citigroup Global Markets verwaltet die Handelsentscheidungen unabhängig und hält sich dabei an vorher festgelegte Parameter sowie an regulatorische Vorgaben, einschließlich EU MAR und UK MAR.
- Shell is actively managing its capital structure through a share repurchase program
- The company is executing its previously announced strategy, potentially indicating financial stability
- Significant cash outflow for share repurchases may impact available funds for other investments or operations
Transaction in Own Shares
16 August, 2024
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 16 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 |
| 16/08/2024 | 796,250 | LSE | GBP | |||
| 16/08/2024 | - | Chi-X (CXE) | GBP | |||
| 16/08/2024 | - | BATS (BXE) | GBP | |||
| 16/08/2024 | 777,488 | XAMS | EUR | |||
| 16/08/2024 | - | CBOE DXE | EUR | |||
| 16/08/2024 | - | 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 16, 2024?
What was the average price paid per share for Shell's (SHEL) stock repurchase on August 16, 2024?
When did Shell (SHEL) announce its current share buy-back programme?
Until what date is Shell's (SHEL) current share buy-back programme scheduled to run?
