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Shell (SHEL) Stock News, Aug 2-27, 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) announced a share repurchase transaction on August 27, 2024, as part of its ongoing buyback program. The company bought 793,184 shares on the London Stock Exchange at a volume-weighted average price of £27.3689 per share. Additionally, 770,608 shares were purchased on Euronext Amsterdam at an average price of €32.6523.

This transaction is part of Shell's share buyback programme announced on August 1, 2024. Citigroup Global Markets is managing the trading decisions independently until October 25, 2024. The program adheres to regulatory guidelines, including EU and UK Market Abuse Regulations.

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Shell plc (SHEL) announced on August 22, 2024, the purchase of 1,602,362 shares for cancellation as part of its existing share buy-back programme. The transactions were executed across different venues:

- London Stock Exchange: 811,882 shares at a volume-weighted average price of £27.0078
- Euronext Amsterdam: 790,480 shares at a volume-weighted average price of €32.0497

This share repurchase is part of Shell's on- and off-market buy-back programme announced on August 1, 2024. Citigroup Global Markets will independently manage trading decisions until October 25, 2024. The programme adheres to regulatory guidelines, including EU and UK Market Abuse Regulations.

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Shell plc (SHEL) announced on August 20, 2024, that it purchased 800,653 shares on the London Stock Exchange at a volume-weighted average price of £27.5479 per share. Additionally, 783,270 shares were bought on Euronext Amsterdam at an average price of €32.5586. These purchases are part of Shell's existing share buy-back programme announced on August 1, 2024.

The programme, managed independently by Citigroup Global Markets , will run until October 25, 2024. It includes both on-market and off-market components, adhering to pre-set parameters and regulatory guidelines, including EU and UK Market Abuse Regulations. The buyback aims to reduce Shell's share capital, potentially benefiting remaining shareholders by increasing their proportional ownership.

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Shell plc (SHEL) has announced the repurchase of its own shares on August 16, 2024, as part of its ongoing share buy-back programme. The company bought 796,250 shares on the London Stock Exchange at a volume-weighted average price of £27.8748 per share, and 777,488 shares on the Amsterdam exchange at €32.9384 per share. This initiative is part of Shell's previously announced share buy-back programme from August 1, 2024, which will continue until October 25, 2024. Citigroup Global Markets is managing the trading decisions independently, adhering to pre-set parameters and regulatory guidelines including EU MAR and UK MAR.

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Shell plc (SHEL) has announced the repurchase of 811,487 shares on the London Stock Exchange at a volume-weighted average price of £28.0864 per share on August 14, 2024. Additionally, 778,325 shares were bought on Euronext Amsterdam at an average price of €33.0291. These purchases are part of Shell's ongoing share buy-back programme announced on August 1, 2024. The programme, managed independently by Citigroup Global Markets , will continue until October 25, 2024. It includes both on-market and off-market share repurchases, conducted in accordance with regulatory guidelines and pre-set parameters.

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Shell plc (SHEL) announced on 12 August 2024 that it purchased 802,626 shares on the London Stock Exchange at a volume-weighted average price of £27.9765 per share, and 781,634 shares on Euronext Amsterdam at €32.9966 per share. These purchases are part of Shell's ongoing share buy-back programme announced on 1 August 2024. The programme includes both on-market and off-market purchases, with Citigroup Global Markets making independent trading decisions until 25 October 2024. The buy-back is conducted in accordance with regulatory requirements, including EU and UK Market Abuse Regulations.

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Shell plc (SHEL) has announced the purchase of 813,777 shares on the London Stock Exchange and 850,000 shares on Euronext Amsterdam on August 8, 2024, as part of its ongoing share buy-back programme. The average price paid per share was £27.6864 in London and €32.4712 in Amsterdam. This share repurchase is part of the company's previously announced buy-back programme, which began on August 1, 2024, and will continue until October 25, 2024. Citigroup Global Markets is managing the trading decisions independently within pre-set parameters. The programme complies with relevant market regulations and is being conducted both on-market and off-market.

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Shell plc (SHEL) announced on August 7, 2024, that it has purchased 821,397 shares on the London Stock Exchange at a volume-weighted average price of £27.4635 per share for cancellation. Additionally, 800,979 shares were bought on the Amsterdam exchange at a volume-weighted average price of €32.2449 per share. These purchases are part of Shell's existing share buy-back programme announced on August 1, 2024.

The programme, managed independently by Citigroup Global Markets , will run from August 1 to October 25, 2024. It includes both on-market and off-market limbs, adhering to pre-set parameters and regulatory requirements, including EU and UK Market Abuse Regulations.

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Shell plc (SHEL) has announced a significant share repurchase activity on August 5, 2024, as part of its ongoing buyback program. The company bought back 852,222 shares on the London Stock Exchange at prices ranging from £26.6000 to £27.0650, with a volume-weighted average price of £26.8334. Additionally, 831,503 shares were purchased on the Amsterdam exchange at prices between €31.1950 and €31.8150, averaging €31.5001 per share.

This share buyback is part of Shell's previously announced program from August 1, 2024. Citigroup Global Markets is managing the trades independently until October 25, 2024. The buyback adheres to pre-set parameters and complies with relevant market regulations, including EU and UK Market Abuse Regulations.

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Shell plc announced that on August 2, 2024, Wael Sawan, the company's Chief Executive Officer, has modified his participation in a Dividend Reinvestment Plan (DRIP). Sawan will now receive cash dividends on future dividend payments for his shareholdings in a Computershare Share Plan Account. As of August 2, 2024, Sawan held 266,533.09 ordinary shares of €0.07 each in Shell plc within this account. This change in DRIP participation is considered a transaction by a Person Discharging Managerial Responsibilities (PDMR) under EU and UK market abuse 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.