Shell plc reports recurring developments for an integrated energy group with American depositary shares that each represent two ordinary shares. Company news commonly covers operating and financial results across Integrated Gas, Upstream, Marketing, and Chemicals and Products, including LNG, production, trading and optimisation, refining, and chemicals activities.
Other updates focus on shareholder distributions and capital management, including interim dividends, share buyback programmes, purchases of ordinary shares for cancellation, and related Market Abuse Regulation disclosures. Shell also publishes governance and ownership notices, including annual meeting materials, director and PDMR shareholding notifications, and financial statements from Shell International Finance B.V.
United States Steel Corporation (NYSE: X), Equinor US Holdings (NYSE: EQNR), and Shell US Gas & Power (NYSE: SHEL) have established a Cooperation Agreement to develop a clean energy hub in Ohio, Pennsylvania, and West Virginia. This initiative aims to create job opportunities, stimulate economic growth, and significantly reduce carbon emissions by focusing on carbon capture, utilization, and storage (CCUS) along with hydrogen production. The project aligns with the shared goal of achieving net-zero emissions by 2050. Funding applications will be submitted to the US Department of Energy.
Shell plc announced the purchase of shares for cancellation on 15 August 2022. In total, 4,236,203 shares were bought back at various prices ranging from £21.4100 to £26.0150. The buyback is part of a previously announced program and will be managed by Citigroup Global Markets Limited until 21 October 2022. This transaction aligns with the company's authority to repurchase shares on both on-market and off-market limbs, in accordance with the EU Market Abuse Regulation and UK law.
Shell plc announced the purchase of 1,800,000 shares for cancellation on 12 August 2022 as part of its ongoing share buy-back program initiated on 28 July 2022. The highest price paid was £22.40, and the lowest was £21.985. Additionally, 300,000 shares were purchased at a price of £22.15. The program will run until 21 October 2022, with Citigroup Global Markets Limited making independent trading decisions. These transactions comply with the relevant Market Abuse Regulations and shareholder approvals for both on-market and off-market purchases.
Shell plc announced on 11 August 2022 that it purchased a total of 4,960,967 shares for cancellation as part of its ongoing share buy-back program initiated on 28 July 2022. The shares were bought at prices ranging from £21.6300 to £22.1750 on various trading venues, including LSE, Chi-X, BATS, and XAMS. Citigroup Global Markets Limited managed the trading decisions independently until 21 October 2022. This transaction aligns with the Company's general authority to repurchase shares according to market regulations.
Shell plc announced the purchase of 1,550,000 shares for cancellation on 10 August 2022, as part of its ongoing buy-back program initiated on 28 July 2022. The shares were acquired at a volume-weighted average price of £21.7238 for the LSE venue, and 1,200,000 shares at an average price of €25.7007 for the XAMS venue. Citigroup Global Markets Limited will oversee the trading decisions for this program until 21 October 2022. The buy-back adheres to EU and UK market regulations.
Shell plc disclosed a share repurchase on 09 August 2022, acquiring 1,600,000 shares at an average price of £21.9048 on the LSE. The company also bought 1,300,000 shares at an average price of €25.8480 on XAMS. This initiative is part of its ongoing buy-back program launched on 28 July 2022, managed by Citigroup Global Markets Limited. The buybacks comply with UK and EU regulations concerning market abuse.
Shell plc has announced the purchase of 1,700,000 shares on 08 August 2022 as part of its ongoing share buy-back program. The shares were acquired at a volume weighted average price of £21.6556 on the London Stock Exchange (LSE) and at an average price of €25.7129 on Euronext Amsterdam (XAMS). A total of 200,000 shares were also acquired on BATS at £21.6556. The program, managed by Citigroup Global Markets Limited, adheres to market regulations and aims to enhance shareholder value.
Shell plc announced the purchase of 1,912,393 shares for cancellation on 04 August 2022 as part of its existing share buy-back programme initiated on 28 July 2022. The highest price paid per share was £21.9150, while the lowest was £21.3000, resulting in a volume-weighted average price of £21.5263. The programme allows Citigroup Global Markets Limited to make independent trading decisions until 21 October 2022, adhering to regulatory frameworks under EU MAR and UK MAR.
On August 3, 2022, Shell plc announced the acquisition of 1,400,000 shares for cancellation as part of its ongoing buy-back program initiated on July 28, 2022. The purchases were conducted through various trading venues, with prices ranging from £21.5200 to £22.0600, and a volume-weighted average price of £21.7481. The program, managed independently by Citigroup Global Markets Limited, adheres to regulatory frameworks including EU MAR and UK MAR.
Shell plc announced the purchase of 1,800,000 shares on 02 August 2022 as part of its share buy-back program. The shares were bought for cancellation at a volume-weighted average price of £21.6005 on the London Stock Exchange and €25.8057 on the Amsterdam Stock Exchange. These transactions align with the previously announced buy-back program on 28 July 2022, which will be managed by Citigroup Global Markets Limited until 21 October 2022. This initiative aims to enhance shareholder value by reducing the number of shares in circulation.