Shell plc's Recent Share Purchase Activity Explained
![Shell plc's Recent Share Purchase Activity Explained](https://investorshangout.com/images/blog/ihnews-Shell%20plc%27s%20Recent%20Share%20Purchase%20Activity%20Explained.jpg)
Shell plc Engages in Strategic Share Buy-Back
Shell plc, a leading global energy company, has announced significant activity regarding its own shares. On a recent date, the company executed purchases as part of its ongoing buy-back program aimed at enhancing shareholder value.
Details of the Share Purchases
During the recent buy-back transactions, Shell plc purchased a total of 855,000 shares at a highest price of £25.59 each and a lowest price of £25.22, signaling strong market confidence. Another set of 830,000 shares was acquired with respective pricing slightly below in Euros, demonstrating the company's commitment to share repurchase strategies.
Purchase Breakdown by Trading Venue
Here's a snapshot of the shares purchased and other related trading information:
- Date of Purchase: 06 September 2024
- Total Shares Purchased: 1,685,000
- Average Prices: £25.40 and €30.48
- Trading Venues: LSE, Chi-X, BATS, XAMS, CBOE DXE, and TQEX
- Currencies: GBP and EUR
Share Buy-Back Program Overview
This buy-back endeavor plays a vital role within Shell's broader strategic framework, allowing it to manage its capital efficiently. The program follows significant parameters already established and allows Citigroup Global Markets Limited to make independent trading decisions.
Compliance and Regulations
Shell's buy-back actions adhere firmly to the regulations under Chapter 12 of the Listing Rules alongside various market abuse regulations. The compliance ensures transparency and promotes fair trading practices across the market.
Conclusion
With these recent transactions, Shell plc clearly illustrates its commitment to returning value to shareholders. The buy-back program not only demonstrates confidence in the company’s future prospects but also serves as a mechanism to maintain market stability.
For further inquiries about Shell's corporate actions, the company can be contacted through their media divisions:
Media International: +44 (0) 207 934 5550
Media Americas: +1 832 337 4335
LEI number of Shell plc: 21380068P1DRHMJ8KU70
Frequently Asked Questions
What is the purpose of Shell's share buy-back program?
The program aims to return value to shareholders and manage capital effectively while supporting stock prices.
How many shares did Shell plc buy back on this occasion?
Shell plc repurchased a total of 1,685,000 shares in their recent transactions.
What were the highest and lowest prices per share during the purchases?
The highest price paid was £25.59, while the lowest was £25.22.
Which trading venues were involved in these purchases?
Purchases were made across venues such as LSE, Chi-X, BATS, and XAMS, among others.
Who can inquiries about these transactions be directed to?
Inquiries can be sent to Shell’s media contacts listed for more information regarding the buy-back activities.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Related Articles
- Groundbreaking Advances in Vascular and Venous Research Share Stage
- Ethereum's Recent Price Movements and Market Insights
- Elevating Online Safety: Wondershare FamiSafe 8.0 Unveiled
- Exploring Recent Bullish Trends in AT&T Options Trading
- Exploring Recent Options Trends for Monolithic Power Systems
- Insights on Recent Options Activity for Southwest Airlines
- Market Update: Argan Shares Surge Amid Volatile Trading
- Wondershare FamiSafe 8.0 Unveils Innovative Features for Security
- Analyzing Recent Options Activity of Icahn Enterprises
- Understanding MercadoLibre's Options Activity and Market Trends
Recent Articles
- ABC Arbitrage Reports on Tax Refund Update and Financial Impact
- Recent Changes in Shareholding Notifications at Umicore
- Purebase Powers Sustainable Concrete Innovations at UC Davis
- Advantage Solutions Engages Investors at Major Conference
- Stellantis Amplifies Shareholder Value with Buyback Program
- Discover Nebi®: The Innovative Water-Based Vaping Device
- Yardi and Boundary Stone Partners: A New Era in Clean Energy
- Desert Jet Holdings Focuses on FBO Expansion After Charter Sale
- Cautious Approach to Tech Hiring Revealed in New Analysis
- Stock Performance in the U.K.: A Closer Look at Trends
- Sea Limited Stocks Maintain Strong Position Amid Fee Increases
- Super Micro Faces Challenges Amid Downgraded Stock Outlook
- Analyzing Bloom Energy's Recent Stock Fluctuations
- Chubb: A Significant Long-Term Investment Journey
- Ayr Wellness Gains Conditional Approval for Medical Operations
- Market Volatility: Nasdaq Dips as Braze Performance Falters
- Frequency Electronics Hosts Q1 Fiscal 2025 Results Call
- VINCI’s Share Buyback Program: Enhancing Shareholder Value
- Fagron's Share Buy-Back Program: Key Insights and Updates
- Insights into Novo Nordisk's Options Market Activity
- Understanding Eli Lilly's Recent Stock Movements: Insights
- AutoZone's Options Trading Insights Revealed
- IRS Efforts to Recover Billions from High-Income Tax Evaders
- Understanding Recent Options Activity for Block (SQ)
- Robinhood's Rise: A Shift from Meme Stock to Financial Powerhouse
- Analyzing Wingstop's Short Interest and Market Trends
- Transforming $1000 into Wealth: The Journey of GPN
- Analyzing Energy Transfer's Declining Short Interest Trends
- The Amazing Growth of HCA Healthcare: A Decade in Review
- Examining Recent Changes in Twilio's Market Sentiment
- Five Underrated Stocks Worth Your Attention This Week
- Community Spirit Shines: Meals and Care for Veterans
- Industrial Silica Market Forecast: Growth and Innovations Ahead
- Endeavour Mining Reports Significant Shareholder Activity
- RCI Banque's New Supplement: Enhancing 2023 EMTN Insights
- Hermès International Updates on Shares and Voting Rights
- Fossar Investment Bank Releases Half-Year Financial Results
- Bavarian Nordic A/S: Updates on Share Transactions by Executives
- NIU Introduces Affordable Electric Kick Scooters for Urban Travel
- Innovative Automation Solutions by Hurco and Universal Robots
- Proactis SA's Financial Overview for Half-Year Results
- Alliance Trust PLC: Recent Share Buyback Updates
- Quantiphi's Innovative Data Solutions Earn DataTech 50 Honor
- Revolutionary Gaming Chair Unveiled: The G Series at TwitchCon
- Discover the Cutting-Edge Dreame L40 Ultra Robotic Vacuum
- EarFun Unveils Innovative Audio Products and Features Ahead
- Citi Analysts Predict Fed Will Implement Significant Rate Cuts
- Lexar Unveils Cutting-Edge Memory Solutions and Engages Creators
- Belgium Stock Market Summary: Key Movers and Trends
- Finland's Stock Market Overview: OMX Helsinki Faces Declines