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.
Shell plc reports a total of 7,508,660,975 ordinary shares as of April 29, 2022, with a nominal value of €0.07 each. The company does not hold any shares in Treasury. This figure is significant for shareholders to assess their notification requirements under the FCA's Disclosure Guidance and Transparency Rules. The total shares include those acquired through the company's ongoing share buy-back program but not yet canceled. This announcement complies with regulatory frameworks pertinent to voting rights and capital.
Shell plc announced a share buy-back on 28 April 2022, purchasing 2 million shares for cancellation, aligning with the previously declared arrangement on 3 February 2022. The transactions included purchases on LSE, BATS, and Chi-X, with prices ranging from £21.1900 to £21.8750 per share. Citigroup Global Markets Limited executed the trades independently, adhering to regulatory parameters. Shell's LEI number is 21380068P1DRHMJ8KU70.
Shell plc announced the purchase of 2,000,000 shares for cancellation on 27 April 2022, as part of its previously announced buy-back program initiated on 03 February 2022. The shares were purchased at a volume-weighted average price of approximately £21.28 across various trading venues, including LSE and BATS (BXE). Citigroup Global Markets Limited is executing these trades independently, adhering to regulations like EU MAR and UK MAR.
Shell plc announced the purchase of 2,000,000 shares for cancellation on 26 April 2022.
Transactions occurred across various venues, including LSE and BATS, with prices ranging from £20.6150 to £21.5200. The average price paid was £20.9235. This buy-back is part of a previously announced arrangement effective from 3 February 2022 to 4 May 2022, with Citigroup Global Markets Limited making independent trading decisions.
Shell plc announced the purchase of shares for cancellation on 25 April 2022. A total of 2,200,000 shares were bought across various trading venues, including 1,200,000 shares on the LSE at an average price of £21.0191. The company's share buy-back program, initiated on 3 February 2022, continues until 4 May 2022. Trades are executed by Citigroup Global Markets Limited, ensuring compliance with UK and EU regulations. This buy-back aims to enhance shareholder value by reducing the number of outstanding shares.
Shell plc announced the purchase of 2,100,000 shares on 22 April 2022 as part of its buy-back program initiated on 3 February 2022. The transactions included purchases on the LSE and other trading venues. The shares were bought at prices ranging from £21.8500 to £22.2100, with a volume-weighted average price of £21.9942 on LSE. Citigroup Global Markets Limited is managing the trading decisions until 4 May 2022, adhering to relevant market regulations.
Shell plc has issued a correction to its announcement regarding the 2022 Annual General Meeting, clarifying the investment returns in Integrated Gas (14-18%) and Chemicals and Products (10-15%). The Energy Transition Progress Report highlights Shell's commitment to net-zero emissions by 2050, having already achieved an 18% reduction in emissions compared to 2016. The Board requests shareholder support for its energy transition strategy at the AGM on May 24, 2022. Last year's AGM saw 88.74% shareholder approval of the strategy.
Shell plc announced the purchase of 2,100,000 shares for cancellation on 21 April 2022. The shares were bought across multiple venues, with the highest price paid at £22.33 and the lowest at £22.01, resulting in a volume-weighted average price of £22.15. This transaction is part of a wider buy-back arrangement initiated on 3 February 2022, with Citigroup Global Markets Limited managing the trading decisions until 4 May 2022. The buy-back complies with the relevant EU and UK regulations.
Shell plc announced the purchase of 2,100,000 shares on 20 April 2022 for cancellation as part of its share buy-back program, previously disclosed on 3 February 2022. The shares were acquired at a volume weighted average price of £22.1999 per share through various trading venues including LSE, BATS, and Chi-X. Citigroup Global Markets Limited will independently manage trading decisions until 4 May 2022, adhering to UK MAR and EU MAR regulations.
Shell plc announces its 2022 Annual General Meeting (AGM) on May 24, 2022, at Central Hall Westminster, London, urging shareholders to support its energy transition strategy. This follows a strong backing of 88.74% from voting shareholders in the previous AGM. A hybrid format allows both in-person and virtual attendance, with voting available during the meeting. The company is focused on achieving net-zero emissions by 2050, with key targets including a 50% reduction in operational emissions by 2030. Shareholders can access the Energy Transition Progress Report online.