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 has announced share repurchases conducted on February 4, 2025, as part of its previously announced buyback programme. The company purchased:
- 1,040,000 shares on London exchanges (LSE and BATS) at prices between £26.0150 and £26.5550
- 680,000 shares on European exchanges (XAMS and CBOE DXE) at prices between €31.3950 and €32.0700
The purchases are part of Shell's share buy-back programme announced on January 30, 2025, which will run until April 25, 2025. Natixis is executing the trades independently within pre-set parameters, including both on-market and off-market transactions in accordance with UK and EU market regulations.
Shell plc has announced conditional performance share awards under the Shell Share Plan 2023 for several key executives. The awards were made on January 31, 2025, and are subject to performance conditions and Remuneration Committee discretion.
The largest allocation went to CEO Wael Sawan with 162,964 shares (£4.36M), followed by CFO Sinead Gorman with 96,871 shares (£2.59M). Other notable recipients include Huibert Vigeveno (58,457 shares), Zoe Yujnovich (56,398 shares), Robin Mooldijk (43,532 shares), and both Philippa Bounds and Rachel Solway receiving 34,608 shares each.
The shares were valued at £26.79 for LSE transactions and €32.16 for AMS transactions.
Shell plc (SHEL) has announced share repurchases conducted on February 3, 2025, as part of its buyback programme announced on January 30, 2025. The company purchased:
- 1,040,000 shares on London venues (LSE and BATS) at prices between £26.16 and £26.645
- 680,000 shares on European venues (XAMS and CBOE DXE) at prices between €31.655 and €32.17
The purchases are part of both on-market and off-market buyback programmes, with Natixis making independent trading decisions from January 30, 2025, through April 25, 2025. The programme complies with UK Listing Rules, EU MAR, UK MAR, and related regulations.
Shell plc announced share repurchases conducted on January 31, 2025, as part of its buyback programme announced on January 30, 2025. The company purchased:
- 1,060,000 shares on London venues (LSE, Chi-X, BATS) at prices between £26.61 and £26.95
- 700,000 shares on European venues (XAMS, CBOE DXE) at prices between €31.98 and €32.39
The purchases are part of both on-market and off-market buyback programmes, with Natixis making independent trading decisions from January 30, 2025, to April 25, 2025. The programme complies with UK Listing Rules, EU MAR, and UK MAR regulations.
Shell plc has announced its total voting rights and capital structure as of January 31, 2025. The company's capital consists of 6,082,595,646 ordinary shares with a nominal value of €0.07 each. Currently, Shell holds no shares in Treasury. This figure includes shares purchased through the company's buyback programme that haven't yet been cancelled.
Shareholders can use this total number of shares as the denominator when calculating whether they need to notify their interest or changes in their interest in Shell plc under the FCA's Disclosure Guidance and Transparency Rules.
Shell plc has announced a significant share buyback operation conducted on January 30, 2025. The company purchased a total of 1,850,000 shares across various trading venues:
- On LSE: 850,000 shares at prices between £25.87 and £26.72 - On Chi-X and BATS: 250,000 shares at prices around £26.37 - On European venues (XAMS, CBOE DXE, TQEX): 750,000 shares at prices between €31.10 and €32.08
The purchases are part of Shell's share buy-back programme announced on January 30, 2025. Natixis will independently manage trading decisions from January 30, 2025, through April 25, 2025. The program includes both on-market and off-market components, conducted under UK Listing Rules and Market Abuse Regulations.
Shell plc has announced a $3.5 billion share buyback programme set to be completed before their Q1 2025 results announcement on May 2, 2025. The programme aims to reduce the company's issued share capital, with all repurchased shares being cancelled.
The company has established two contracts with a single broker: a $2.1 billion London contract for purchases on London market exchanges and a $1.4 billion Netherlands contract for Netherlands exchanges, running until April 25, 2025. The maximum number of ordinary shares that may be purchased under the programme is 420,000,000, aligned with shareholder authorities granted at Shell's 2024 Annual General Meeting.
The broker will make independent trading decisions, and the programme will be conducted in accordance with UK Listing Rules, EU Market Abuse Regulation, and related delegated regulations.
Shell plc (SHEL) has announced its fourth quarter 2024 interim dividend of US$ 0.358 per ordinary share, with ADSs receiving US$ 0.716 (each ADS represents two ordinary shares). Shareholders can elect to receive dividends in US dollars, euros, or pounds sterling. The dividend payment schedule includes an ex-dividend date of February 13, 2025, for ordinary shares and February 14, 2025, for ADSs, with payment scheduled for March 24, 2025.
The company offers Dividend Reinvestment Programmes (DRIPs) through various organizations, allowing shareholders to reinvest their dividends in Shell shares. These providers include Equiniti Financial Services , ABN-AMRO NV, and JPMorgan Chase Bank for ADS holders.
Shell (SHEL) reported strong financial performance for 2024 despite lower Q4 earnings. The company generated $40 billion in free cash flow for the year, surpassing 2023's performance in a lower price environment. Key highlights include:
- Q4 2024 Adjusted Earnings of $3.7 billion, reflecting lower prices and margins
- Full-year 2024 CFFO of $54.7 billion
- Achieved $3.1 billion in structural cost reductions since 2022, meeting target ahead of schedule
- Distributed $22.6 billion to shareholders in 2024 (41% of CFFO)
- Increased quarterly dividend by 4% to $0.358 per share
- Announced new $3.5 billion share buyback programme
The company's net debt decreased by $4.7 billion over the year to $38.8 billion. Cash capital expenditure for 2024 was $21.1 billion, with 2025's range expected to be lower.
Shell PLC reported Q4 2024 and full-year unaudited results, showing a decline in performance compared to previous periods. Income attributable to shareholders dropped 78% to $928 million in Q4 2024 from $4,291 million in Q3 2024. Adjusted Earnings decreased 39% to $3,661 million.
Full-year 2024 results showed income of $16,093 million, down 17% from $19,359 million in 2023. The company achieved $3.1 billion in pre-tax structural cost reductions through 2024 compared to 2022 levels. Cash flow from operating activities remained stable at $54,684 million.
Notable developments include the start of production at the Whale floating facility in the Gulf of Mexico, a joint venture expansion in China, and plans to combine UK offshore assets with Equinor. The company announced a new share buyback programme of $3.5 billion expected to complete by Q1 2025 and declared a Q4 dividend of $0.3580 per share.