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Shell (SHEL) Stock News, Dec 5-16, 2024

SHEL NYSE

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.

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Shell plc (SHEL) has announced share repurchases conducted on December 16, 2024, as part of its existing buyback programme announced on October 31, 2024. The company purchased 1,500,000 shares on the London Stock Exchange at prices between £24.5850 and £25.0200, with a volume-weighted average price of £24.7539. Additionally, 950,000 shares were purchased on XAMS at prices between €29.9750 and €30.3650, averaging €30.1345.

The buyback program, managed independently by Citigroup Global Markets , will continue until January 24, 2025. The purchases are being executed through both on-market and off-market mechanisms, in compliance with UK Listing Rules, EU MAR, and UK MAR regulations.

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Shell plc (SHEL) has announced its latest share buyback activity on December 13, 2024, as part of its previously announced program from October 31, 2024. The company purchased 1,250,000 shares on the London Stock Exchange at prices ranging from £24.9250 to £25.1900, with a volume-weighted average price of £25.0688. Additionally, 900,000 shares were purchased on XAMS at prices between €30.2750 and €30.6700, averaging €30.4774.

The buyback program, managed independently by Citigroup Global Markets , will continue until January 24, 2025, operating through both on-market and off-market mechanisms in accordance with UK Listing Rules and Market Abuse Regulations.

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Shell plc (SHEL) has announced its latest share buyback activity on December 12, 2024. The company purchased 1,020,000 shares on the London Stock Exchange at prices ranging from £25.0000 to £25.2250, with a volume-weighted average price of £25.1038. Additionally, 725,000 shares were purchased on XAMS at prices between €30.5250 and €30.8850, averaging €30.7007.

These purchases are part of Shell's share buy-back programme announced on October 31, 2024. Citigroup Global Markets is managing the trading decisions independently until January 24, 2025, operating within pre-set parameters for both on-market and off-market transactions.

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Shell plc has announced the outcome of its competitive audit tender process, with the Board approving the proposed re-appointment of Ernst & Young LLP (EY) as its external auditor. The appointment will be effective from the financial year ending December 31, 2026, subject to shareholder approval at the 2026 Annual General Meeting.

As a UK public interest entity, Shell is required to tender its audit every 10 years and rotate every 20 years. EY has been Shell's auditor since their initial appointment at the AGM in May 2016. The company had previously disclosed in its 2023 Annual Report that the tender process had commenced, with plans to conclude before the end of 2024.

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Shell plc (SHEL) has announced its latest share buyback activity on December 11, 2024, as part of its previously announced program from October 31, 2024. The company purchased 1,150,000 shares on the London Stock Exchange at prices ranging from £24.83 to £25.185, with a volume-weighted average price of £24.9775. Additionally, 790,000 shares were purchased on XAMS at prices between €30.415 and €30.755, averaging €30.5902.

The buyback program, managed independently by Citigroup Global Markets , will continue until January 24, 2025. The program includes both on-market and off-market purchases, conducted in accordance with UK Listing Rules, EU MAR, and UK MAR regulations.

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Shell plc has announced share repurchases conducted on December 10, 2024, as part of its existing buyback programme. The company purchased 1,115,000 shares on the London Stock Exchange at prices between £25.1550 and £25.3050, with a volume-weighted average price of £25.2266. Additionally, 715,000 shares were purchased on XAMS at prices between €30.6900 and €30.8350, averaging €30.7669.

These purchases are part of Shell's share buy-back programme announced on October 31, 2024, which will run until January 24, 2025. Citigroup Global Markets is executing the trades independently within pre-set parameters, in accordance with UK Listing Rules and Market Abuse Regulations.

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Shell plc (SHEL) has announced share repurchases conducted on December 9, 2024, as part of its previously announced buyback programme. The company purchased 782,347 shares on LSEG at prices between £24.8650 and £25.4900, with a volume-weighted average price of £25.1563. Additionally, 453,033 shares were purchased on XAMS at prices between €30.2350 and €31.0100, with a volume-weighted average price of €30.6839.

The purchases are part of Shell's share buy-back 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, in accordance with UK Listing Rules and Market Abuse Regulations.

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Shell plc has announced its third quarter 2024 dividend payment details. The company will pay US$0.344 per ordinary share, with equivalent payments of €0.3262 or 27.03p for shareholders who elected to receive their dividends in euros or pounds sterling respectively. The currency conversion rates were determined based on market exchange rates from December 4-6, 2024.

The dividend will be paid on December 19, 2024 to shareholders registered as of November 15, 2024. Shareholders through Euroclear Nederland will receive payments in euros by default, while those holding shares directly or through the Shell Corporate Nominee will receive payments in pounds sterling unless they elected otherwise by November 29, 2024.

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Shell plc (SHEL) has announced share repurchases conducted on December 6, 2024, as part of its buyback programme announced on October 31, 2024. The company purchased 1,326,000 shares on LSEG at prices between £24.69 and £25.115, with a volume-weighted average price of £24.9072. Additionally, 804,000 shares were purchased on XAMS at prices between €30.01 and €30.525, averaging €30.2857.

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, conducted in accordance with UK Listing Rules and Market Abuse Regulations.

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Shell plc announced share repurchases conducted on December 5, 2024, as part of its existing buyback programme. The company purchased 1,245,200 shares on LSEG at prices between £24.9000 and £25.2000 (VWAP: £25.0211), and 819,800 shares on XAMS at prices between €30.3150 and €30.7000 (VWAP: €30.4537).

These purchases are part of the company's share buy-back programme announced on October 31, 2024. Citigroup Global Markets is managing the trading decisions independently until January 24, 2025, operating within pre-set parameters and in accordance with market regulations.

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FAQ

What is the current stock price of Shell (SHEL)?

Shell (SHEL) last closed at $105.54.

What is the market cap of Shell (SHEL)?

The market cap of Shell (SHEL) is approximately $300.2B.