Transaction in Own Shares
Shell plc (SHEL) has announced share repurchases conducted on February 5, 2025, as part of its previously announced buyback programme. The company purchased 670,000 shares on LSE at prices between £26.33 and £26.71, 370,000 shares on BATS at prices between £26.33 and £26.69, 540,000 shares on XAMS at prices between €31.80 and €32.25, and 140,000 shares on CBOE DXE at prices between €31.81 and €32.24.
The purchases are part of Shell's share buy-back programme announced on January 30, 2025, which will run until April 25, 2025. Natixis is executing the trades independently within pre-set parameters, including both on-market and off-market transactions, in compliance with UK Listing Rules and Market Abuse Regulations.
Shell plc (SHEL) ha annunciato il riacquisto di azioni effettuato il 5 febbraio 2025, come parte del suo programma di riacquisto precedentemente annunciato. L'azienda ha acquistato 670.000 azioni sulla LSE a prezzi tra £26,33 e £26,71, 370.000 azioni su BATS a prezzi tra £26,33 e £26,69, 540.000 azioni su XAMS a prezzi tra €31,80 e €32,25, e 140.000 azioni su CBOE DXE a prezzi tra €31,81 e €32,24.
Gli acquisti fanno parte del programma di riacquisto di azioni di Shell annunciato il 30 gennaio 2025, che sarà operativo fino al 25 aprile 2025. Natixis sta eseguendo le transazioni in modo indipendente, all'interno di parametri predefiniti, comprese sia transazioni di mercato che fuori mercato, in conformità con le normative della UK Listing Rules e del Market Abuse Regulations.
Shell plc (SHEL) ha anunciado la recompra de acciones realizada el 5 de febrero de 2025, como parte de su programa de recompra previamente anunciado. La compañía adquirió 670.000 acciones en LSE a precios entre £26,33 y £26,71, 370.000 acciones en BATS a precios entre £26,33 y £26,69, 540.000 acciones en XAMS a precios entre €31,80 y €32,25, y 140.000 acciones en CBOE DXE a precios entre €31,81 y €32,24.
Las compras son parte del programa de recompra de acciones de Shell anunciado el 30 de enero de 2025, que se extenderá hasta el 25 de abril de 2025. Natixis está ejecutando las operaciones de forma independiente dentro de parámetros preestablecidos, incluyendo tanto transacciones en el mercado como fuera de él, cumpliendo con las Normas de Cotización del Reino Unido y las Regulaciones sobre Abuso de Mercado.
Shell plc (SHEL)는 2025년 2월 5일에 실시한 주식 매입을 발표하였습니다. 이는 앞서 공지된 자사주 매입 프로그램의 일환입니다. 회사는 LSE에서 670,000주를 £26.33에서 £26.71 사이의 가격으로, BATS에서 370,000주를 £26.33에서 £26.69 사이의 가격으로, XAMS에서 540,000주를 €31.80에서 €32.25 사이의 가격으로, CBOE DXE에서 140,000주를 €31.81에서 €32.24 사이의 가격으로 매입했습니다.
이 매입은 2025년 1월 30일에 발표된 Shell의 자사주 매입 프로그램의 일환으로, 2025년 4월 25일까지 진행될 것입니다. Natixis는 시장 내 및 시장 외 거래를 포함하여 사전 설정된 매개변수 내에서 독립적으로 거래를 실행하고 있으며, 이는 영국 상장 규칙 및 시장 남용 규정을 준수하고 있습니다.
Shell plc (SHEL) a annoncé des rachats d'actions effectués le 5 février 2025, dans le cadre de son programme de rachat d'actions préalablement annoncé. La société a acheté 670 000 actions sur la LSE à des prix compris entre £26,33 et £26,71, 370 000 actions sur BATS à des prix compris entre £26,33 et £26,69, 540 000 actions sur XAMS à des prix compris entre €31,80 et €32,25, et 140 000 actions sur CBOE DXE à des prix compris entre €31,81 et €32,24.
Les achats font partie du programme de rachat d'actions de Shell annoncé le 30 janvier 2025, qui se poursuivra jusqu'au 25 avril 2025. Natixis exécute les transactions de manière indépendante dans les limites de paramètres prédéfinis, y compris des transactions sur le marché et hors marché, conformément aux règles de cotation britanniques et aux réglementations sur les abus de marché.
Shell plc (SHEL) hat den Aktienrückkauf bekannt gegeben, der am 5. Februar 2025 durchgeführt wurde, als Teil seines zuvor angekündigten Rückkaufprogramms. Das Unternehmen kaufte 670.000 Aktien an der LSE zu Preisen zwischen £26,33 und £26,71, 370.000 Aktien an der BATS zu Preisen zwischen £26,33 und £26,69, 540.000 Aktien an der XAMS zu Preisen zwischen €31,80 und €32,25 und 140.000 Aktien an der CBOE DXE zu Preisen zwischen €31,81 und €32,24.
Die Käufe sind Teil des Aktienrückkaufprogramms von Shell, das am 30. Januar 2025 angekündigt wurde und bis zum 25. April 2025 laufen wird. Natixis führt die Geschäfte unabhängig innerhalb vordefinierter Parameter aus, einschließlich Markt- und Off-Market-Transaktionen, im Einklang mit den britischen Listenregeln und den Marktmissbrauchsverordnungen.
- Implementation of share buyback program indicating strong cash position
- Multi-exchange repurchase strategy showing broad market presence
- None.
Insights
Today's share buyback execution by Shell represents a strategic move in their capital return program, with a total daily purchase of approximately
The multi-venue approach, spreading purchases across LSE, BATS and European exchanges, demonstrates sophisticated execution strategy to optimize liquidity capture while managing price impact. This diversification helps maintain competitive pricing and reduces the risk of artificial price inflation during the buyback process.
The delegation to Natixis for independent trading decisions until April 2025 is particularly noteworthy, as it helps ensure compliance with market regulations and eliminates potential conflicts of interest. The pre-set parameters and regulatory framework alignment (UK Listing Rules, MAR) provide transparency and protect shareholder interests.
From a broader perspective, this buyback execution reflects Shell's strong cash position and commitment to shareholder returns. The steady, programmatic nature of the purchases, rather than aggressive single-day volumes, indicates a balanced approach to capital return while maintaining market stability. This methodical execution strategy typically results in better average prices and reduced market impact, ultimately benefiting long-term shareholders through enhanced earnings per share and reduced share float.
Transaction in Own Shares
05 February, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 05 February 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 |
| 05/02/2025 | 670,000 | | | | LSE | GBP |
| 05/02/2025 | 0 | - | - | - | Chi-X (CXE) | GBP |
| 05/02/2025 | 370,000 | | | | BATS (BXE) | GBP |
| 05/02/2025 | 540,000 | | | | XAMS | EUR |
| 05/02/2025 | 140,000 | | | | CBOE DXE | EUR |
| 05/02/2025 | 0 | - | - | - | 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 30 January 2025.
In respect of this programme, Natixis will make trading decisions in relation to the securities independently of the Company for a period from 30 January 2025 up to and including 25 April 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 Natixis 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 February 5, 2025?
What is the duration of Shell's (SHEL) current share buyback programme?
What was the price range for Shell (SHEL) share purchases on LSE on February 5, 2025?
Who is executing the share buyback trades for Shell (SHEL)?
What regulations govern Shell's (SHEL) share buyback programme?
