Shell plc Announces Share Buy-Back Transaction
Transaction in Own Shares
Shell plc (the ‘Company’) announces that it has purchased a number of Shares for cancellation.
Aggregated Information on Shares Purchased
Aggregated information on Shares purchased according to trading venue:
Date of purchase: 20/08/2024
Number of Shares purchased: 800,653
Highest price paid: £27.9350
Lowest price paid: £27.3400
Volume weighted average price paid per share: £27.5479
Venue: LSE
Currency: GBP
The details of additional trading venues and purchases are as follows:
Chi-X (CXE): 0 shares, payments of £0.0000
BATS (BXE): 0 shares, payments of £0.0000
XAMS: 783,270 shares, highest price £32.9650, volume weighted average price £32.5586
CBOE DXE: 0 shares, payments of £0.0000
TQEX: 0 shares, payments of £0.0000
Share Buy-Back Programme Details
These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced. In relation to this programme, Citigroup Global Markets Limited will make trading decisions independently of the Company for a period.
The on-market limb will be conducted within certain pre-set parameters in accordance with the Company’s general authority to repurchase shares. The off-market limb will follow the off-market buyback contract approved by shareholders.
Compliance and Regulations
The programme will be conducted in compliance with relevant regulations, including EU MAR and UK MAR, detailing the buy-back programmes in line with current laws post-Brexit.
Contact Information
For any inquiries, you may contact:
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
Frequently Asked Questions
What is the purpose of the share buy-back programme?
The share buy-back programme aims to return value to shareholders by reducing the number of outstanding shares.
Who makes the trading decisions for the share buy-back?
Citigroup Global Markets Limited will make trading decisions independently on behalf of the Company.
What regulation governs the share buy-back?
The programme is conducted in accordance with Chapter 12 of the Listing Rules and the Market Abuse Regulation (EU MAR) and its onshoring into UK law.
When does the buy-back period run until?
The trading decisions will be made up to and including the specified end date of the program.
How can one inquire about more details?
For inquiries, individuals can contact the provided media numbers for further information.
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