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 (SHEL) has announced share repurchases conducted on January 13, 2025, as part of its ongoing buyback programme. The company purchased 1,050,000 shares on the London Stock Exchange at prices ranging from £26.3850 to £26.7100, with a volume-weighted average price of £26.5765. Additionally, 708,000 shares were purchased on XAMS at prices between €31.6850 and €32.0900, averaging €31.9139.
These purchases are part of Shell's share buy-back programme announced on October 31, 2024. Citigroup Global Markets is executing the trades independently until January 24, 2025, following pre-set parameters and regulatory requirements including UK Listing Rules and Market Abuse Regulations.
Shell plc (SHEL) announced share repurchases conducted on January 10, 2025, as part of its existing buyback programme announced on October 31, 2024. The company purchased 1,035,000 shares on the London Stock Exchange at prices ranging from £26.0150 to £26.7400, with a volume-weighted average price of £26.3965. Additionally, 676,000 shares were purchased on XAMS at prices between €31.3950 and €32.2250, averaging €31.8321.
The purchases are part of both on-market and off-market components of Shell's buyback programme, managed independently by Citigroup Global Markets until January 24, 2025. The programme operates under UK Listing Rules, EU MAR, and UK MAR regulations, with specific parameters for both market components.
Shell plc (SHEL) has announced share repurchases conducted on January 9, 2025, as part of its existing buyback programme announced on October 31, 2024. The company purchased 1,040,000 shares on the London Stock Exchange at prices between £25.99 and £26.29, with a volume-weighted average price of £26.1688. Additionally, 700,000 shares were purchased on XAMS at prices between €31.3050 and €31.6600, with a volume-weighted average price of €31.5480.
The purchases are part of Shell's share buy-back programme being executed by Citigroup Global Markets , which will make independent trading decisions until January 24, 2025. The programme includes both on-market and off-market components, conducted in accordance with UK Listing Rules, EU MAR, and UK MAR regulations.
Shell plc (SHEL) has announced share repurchases conducted on January 8, 2025, as part of its existing buyback programme announced on October 31, 2024. The company purchased 1,025,000 shares on the London Stock Exchange at prices ranging from £25.5550 to £25.9200, with a volume-weighted average price of £25.7632. Additionally, 745,000 shares were purchased on XAMS at prices between €30.9200 and €31.5400, averaging €31.2119.
The purchases are part of both on-market and off-market components of Shell's buyback programme, which will continue until January 24, 2025. Citigroup Global Markets is executing the trades independently within pre-set parameters, in accordance with UK Listing Rules, EU MAR, and UK MAR regulations.
Shell has released its Q4 2024 outlook update, highlighting several operational changes across its business segments. Integrated Gas production is expected to decrease to 880-920 kboe/d due to scheduled maintenance at Pearl GTL in Qatar, with LNG liquefaction volumes projected at 6.8-7.2 MT. Trading & Optimization results are anticipated to be significantly lower than Q3'24.
Upstream production is forecasted at 1,790-1,890 kboe/d, with exploration well write-offs expected at ~$0.4 billion. The Marketing segment anticipates lower results due to seasonality, while Chemicals and Products shows reduced refinery utilization at 74-78% and chemicals utilization at 73-77%. The Chemicals sub-segment is expected to report a loss in Q4'24.
Notable financial impacts include an expected $1.3 billion outflow related to emissions certificates payments and anticipated non-cash post-tax impairments of $1.5-3.0 billion. Net debt is expected to include $4-6 billion of new lease liabilities.
Shell plc (SHEL) has announced share repurchases conducted on January 7, 2025, as part of its existing buyback programme. The company purchased 850,000 shares on the London Stock Exchange at prices between £25.77 and £26.25, with a volume-weighted average price of £26.067. Additionally, 620,000 shares were purchased on XAMS at prices between €31.35 and €31.90, averaging €31.7037.
These purchases are part of Shell's buyback programme announced on October 31, 2024, which will continue until January 24, 2025. Citigroup Global Markets is executing the trades independently within pre-set parameters, including both on-market and off-market transactions, in compliance with UK Listing Rules and Market Abuse Regulations.
Shell plc (SHEL) has announced its latest share buyback transaction conducted on January 6, 2025. The company purchased 910,000 shares on the London Stock Exchange at prices ranging from £25.6150 to £25.8500, with a volume-weighted average price of £25.7676. Additionally, 600,000 shares were purchased on XAMS at prices between €31.1950 and €31.4700, averaging €31.3460.
These purchases are part of Shell's share buyback programme announced on October 31, 2024. Citigroup Global Markets is managing the trading decisions independently until January 24, 2025. The programme includes both on-market and off-market components, operating under UK Listing Rules, EU MAR, and UK MAR regulations.
Shell plc (SHEL) has announced share repurchases conducted on January 3, 2025, as part of its existing buyback programme announced on October 31, 2024. The company purchased 780,000 shares on the London Stock Exchange at prices ranging from £25.3850 to £25.7600, with a volume-weighted average price of £25.6712. Additionally, 500,000 shares were purchased on XAMS at prices between €30.9200 and €31.4000, averaging €31.3077.
The purchases are part of Shell's share buy-back programme managed by Citigroup Global Markets , which will make independent trading decisions from October 31, 2024, through January 24, 2025. The programme includes both on-market and off-market components, operating under UK Listing Rules, EU MAR, and UK MAR regulations.
Shell plc (SHEL) has announced its latest share buyback activity on January 2, 2025, as part of its previously announced share repurchase programme. The company purchased 685,226 shares on the London Stock Exchange at prices ranging from £24.80 to £25.335, with a volume-weighted average price of £25.1131. Additionally, 471,931 shares were purchased on XAMS at prices between €30.235 and €30.80, averaging €30.5331.
These purchases are part of Shell's buyback programme announced on October 31, 2024, which will continue until January 24, 2025. Citigroup Global Markets is executing the trades independently within pre-set parameters, including both on-market and off-market transactions, in compliance with UK Listing Rules and Market Abuse Regulations.
Shell plc has announced its total voting rights and capital structure as of December 31, 2024. The company's capital consists of 6,115,031,158 ordinary shares with a nominal value of €0.07 each. Currently, Shell holds no shares in Treasury. This figure includes shares purchased through Shell's buyback programme that haven't yet been cancelled. The total number of shares serves as the denominator for shareholders to calculate whether they need to notify their interest or changes in interest under the FCA's Disclosure Guidance and Transparency Rules.