Welcome to our dedicated page for SHELL PLC news (Ticker: SHEL), a resource for investors and traders seeking the latest updates and insights on SHELL PLC stock.
Shell plc (NYSE: SHEL) is a global energy leader with integrated operations spanning oil and gas exploration, liquefied natural gas (LNG) production, and renewable energy initiatives. This page provides investors and industry professionals with direct access to Shell's official announcements, strategic updates, and market-moving developments.
Our curated collection features verified press releases, regulatory filings, and analysis of key operational milestones. Users will find updates across Shell's core activities including upstream production performance, refining capacity adjustments, low-carbon energy investments, and partnership announcements in the energy transition space.
The resource consolidates critical information types: quarterly earnings disclosures, major project updates, sustainability reports, and leadership changes. All content maintains strict adherence to factual reporting standards, ensuring accessibility for both institutional investors and energy market observers.
For ongoing monitoring of Shell's market position and strategic direction, we recommend bookmarking this page and checking regularly for the latest verified updates directly from company sources and reputable financial publications.
Shell plc (SHEL) announced on 03 October 2024 the purchase of 625,000 shares on the London Stock Exchange at a volume-weighted average price of £25.4756 per share, and 585,000 shares on Euronext Amsterdam at €30.6700 per share. These purchases are part of the company's existing share buy-back programme announced on 1 August 2024.
The programme, managed independently by Citigroup Global Markets , will run until 25 October 2024. It includes both on-market and off-market limbs, conducted in accordance with UK and EU market abuse regulations. The buy-back aims to reduce Shell's share capital and is executed within pre-set parameters and the company's general authority to repurchase shares.
Shell plc (SHEL) has announced a share buyback transaction on 01 October 2024, as part of its existing share buy-back programme announced on 1 August 2024. The company purchased 560,262 shares on the London Stock Exchange at a volume-weighted average price of £24.2617 per share, and 721,632 shares on Euronext Amsterdam at €29.6650 per share.
This buyback is part of both on-market and off-market limbs of the programme, with Citigroup Global Markets making independent trading decisions until 25 October 2024. The programme adheres to Chapter 12 of the Listing Rules, Article 5 of the Market Abuse Regulation, and related EU and UK regulations.
Shell plc has reported that several Persons Discharging Managerial Responsibilities (PDMRs) acquired dividend shares following the payment of the interim dividend on September 23, 2024. These shares were acquired in respect of shares previously delivered under annual bonuses or vested employee share plans held in Share Plan Accounts. The acquisitions took place on September 26, 2024, with shares purchased on both the London Stock Exchange (LSE) and Amsterdam Stock Exchange (AMS).
Key acquisitions include:
- Sinead Gorman (CFO): 1,109.67 SHEL shares at GBP 24.34 each
- Huibert Vigeveno (Downstream, Renewables & Energy Solutions Director): 1,187.00 SHELL shares at EUR 29.41 each
- Zoe Yujnovich (Integrated Gas and Upstream Director): 1,172.43 SHELL shares at EUR 29.41 each
Other PDMRs who acquired shares include Philippa Bounds, Robertus Mooldijk, and Rachel Solway. The transactions were made in compliance with EU and UK market abuse regulations.
Shell plc has announced its total voting rights and capital as of September 30, 2024. The company's capital consists of 6,224,278,848 ordinary shares with a nominal value of €0.07 each. Shell plc currently holds no shares in Treasury.
This figure (6,224,278,848) can be used by shareholders as the denominator to calculate whether they need to notify their interest in, or a change to their interest in, Shell plc under the FCA's Disclosure Guidance and Transparency Rules.
The announcement is made in compliance with Disclosure Guidance and Transparency Rules 5.6.1 and 5.6.1A. It's important to note that the total number of shares includes those purchased by Shell plc as part of its share buy-back programme but not yet cancelled.
Shell plc announces the purchase of 1,644,000 shares on the London Stock Exchange and 980,000 shares on Euronext Amsterdam on September 26, 2024, as part of its ongoing share buy-back programme. The highest price paid per share was £24.5750 on LSEG and €29.7350 on XAMS. This forms part of the Company's existing share buy-back programme announced on August 1, 2024, which will continue until October 25, 2024. Citigroup Global Markets is managing the trading decisions independently within pre-set parameters. The programme complies with relevant regulations including EU MAR, UK MAR, and the Commission Delegated Regulation (EU) 2016/1052.
Shell plc announced on 24 September 2024 that it purchased 650,000 shares on the London Stock Exchange at a volume-weighted average price of £25.7944 per share, and 850,000 shares on Euronext Amsterdam at a volume-weighted average price of €31.2302 per share. These purchases are part of the company's existing share buy-back programme announced on 1 August 2024.
The programme includes both on-market and off-market limbs, with Citigroup Global Markets making independent trading decisions from 1 August 2024 to 25 October 2024. The buy-back is conducted in accordance with Chapter 12 of the Listing Rules, Article 5 of the Market Abuse Regulation, and related EU and UK regulations.
Shell International Finance B.V. and Shell plc have published a Prospectus Supplement dated 20 September 2024. The supplement is to be read in conjunction with the Information Memorandum dated 8 November 2023, as supplemented by the first supplement dated 6 February 2024, relating to the Programme. The Information Memorandum constitutes a base prospectus for regulatory purposes.
The announcement provides links to view several key documents, including:
- Shell plc's unaudited condensed consolidated interim financial report (30 June 2024)
- Shell plc's Annual Report and Form 20-F (31 December 2023)
- Shell International Finance B.V.'s unaudited condensed non-consolidated interim financial report (30 June 2024)
- Shell International Finance B.V.'s Annual Report (31 December 2023)
These documents will be available for inspection at the UK's National Storage Mechanism. The Information Memorandum is not intended for U.S. persons or persons in the United States.
Shell plc announces the purchase of 710,831 shares on the London Stock Exchange and 585,684 shares on Euronext Amsterdam on September 19, 2024, as part of its existing share buy-back programme. The highest price paid was £26.0050 on LSE and €31.1900 on Euronext Amsterdam. This programme, announced on August 1, 2024, includes both on-market and off-market share repurchases. Citigroup Global Markets is making independent trading decisions for the programme, which will run until October 25, 2024. The buy-back is conducted in accordance with relevant regulations, including EU MAR, UK MAR, and the Commission Delegated Regulation (EU) 2016/1052.
Shell plc announced early participation results for its ongoing Exchange Offers and an increase in the maximum amount of old notes that can be accepted.
By September 18, 2024, the aggregate principal amount of old notes tendered was $14.32 billion, surpassing the initial $10 billion limit, prompting Shell to raise this limit to $12 billion. This exchange aims to optimize the company's capital structure and align indebtedness with its U.S. operations.
Shell is also offering an Early Participation Premium to all holders who tender their notes by October 3, 2024. The new notes will be issued on October 8, 2024, contingent upon SEC approval of the registration statement.
The offers are managed by Deutsche Bank Securities, Goldman Sachs, and Wells Fargo Securities, with D.F. King & Co. acting as the exchange agent and information agent.
Shell plc (SHEL) announced the repurchase of 910,996 shares on the London Stock Exchange at a volume-weighted average price of £25.6057 on September 17, 2024. Additionally, 912,920 shares were bought on Euronext Amsterdam at an average price of €30.6424. These purchases are part of Shell's ongoing share buy-back programme announced on August 1, 2024, which includes both on-market and off-market transactions. Citigroup Global Markets is managing the trading decisions independently until October 25, 2024. The programme adheres to regulatory guidelines, including EU and UK Market Abuse Regulations.
FAQ
What is the current stock price of SHELL PLC (SHEL)?
What is the market cap of SHELL PLC (SHEL)?
