Shell plc Announces Share Buy-Back Transaction
Transaction in Own Shares
Shell plc (referred to as the ‘Company’) has announced that it has acquired a certain number of Shares for cancellation.
Aggregated Information on Shares Purchased
Summary of Shares purchased by 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
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 are part of the existing share buy-back programme, which includes both on- and off-market transactions as previously announced. Citigroup Global Markets Limited will independently make trading decisions on behalf of the Company during this period.
The on-market transactions will be executed within specific pre-set parameters, in line with the Company’s general authority to repurchase shares. Meanwhile, the off-market transactions will adhere to the off-market buyback contract that has been approved by shareholders.
Compliance and Regulations
The programme will operate in compliance with relevant regulations, including EU MAR and UK MAR, which outline the buy-back programmes in accordance with current laws following Brexit.
Contact Information
If you have any inquiries, please reach out to:
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 is designed to provide value to shareholders by decreasing the number of outstanding shares.
Who makes the trading decisions for the share buy-back?
Trading decisions for the share buy-back will be made independently by Citigroup Global Markets Limited on behalf of the Company.
What regulation governs the share buy-back?
This programme is conducted in accordance with Chapter 12 of the Listing Rules and the Market Abuse Regulation (EU MAR), as well as its incorporation into UK law.
When does the buy-back period run until?
The trading decisions will be executed up to and including the specified end date of the programme.
How can one inquire about more details?
For further information, individuals can reach out using the provided media contact numbers.
