SHELL PLC Stock Price, News & Analysis

Shell plc announces the purchase of 769,942 shares on 12 April 2022 at a highest price of £21.7650 and a lowest price of £21.2500. The volume-weighted average price paid per share was £21.5714. Additionally, 800,000 shares were bought at similar price points, with a volume-weighted average of £21.5539. The purchases are part of a previously announced buy-back program, with Citigroup Global Markets Limited executing trades independently until 4 May 2022. All transactions comply with applicable regulations.

Shell plc has announced the repurchase of 2,150,000 shares on April 11, 2022, as part of its previously disclosed buy-back arrangement initiated on February 3, 2022. The share purchases included transactions across multiple venues, with prices ranging from £21.2950 to £21.7600. The average price paid per share was £21.5270. Citigroup Global Markets Limited will manage these transactions independently, adhering to the regulations of EU MAR and UK MAR. This strategic move is intended to enhance shareholder value.

Shell plc announced the purchase of 2,000,000 shares on 8 April 2022 as part of its ongoing share buy-back arrangement initiated on 3 February 2022. The shares were bought at various prices ranging from £21.0550 to £21.6800, with a volume-weighted average price of £21.4392 on LSE and £21.4535 on Chi-X. Citigroup Global Markets Limited is executing these trades independently under specific regulations, including the UK Market Abuse Regulation.

Shell International Finance B.V. and Shell plc have released a prospectus supplement dated 5 April 2022, which includes essential financial documents such as Shell plc's Annual Report and Form 20-F for the year ending 31 December 2021. These documents provide comprehensive insights into the company's performance and must be reviewed alongside the Information Memorandum dated 12 August 2021 and its prior supplement. The full details are essential for investors and can be accessed through provided URLs.

Shell plc has announced share repurchases on 7 April 2022, purchasing 2,482,950 shares for cancellation, conducted under an existing buy-back agreement initiated on 3 February 2022. The shares were acquired at prices ranging from £20.7800 to £21.2300. Transactions included 982,950 shares at a volume-weighted average price of £20.9969 on LSE, 800,000 shares at £21.0148 on BATS, and 700,000 shares at £21.0126 on Chi-X. Citigroup Global Markets Limited is managing the buy-back process independently until 4 May 2022.

The first quarter 2022 outlook for Shell indicates significant expected charges between $4 to $5 billion due to impairments related to Russia activities, although these will not affect Adjusted Earnings. Adjusted EBITDA forecasts show production at 860-910 kboe/d and LNG volumes at 7.7-8.3 million tonnes for Integrated Gas. Upstream production is projected at 1,900-2,050 kboe/d. Adjusted earnings for Chemicals and Oil Products are set to align with Q4 2021. Notably, the indicative refining margin increased to $10.23/bbl from $6.55/bbl. Overall, the guidance reflects commodity price volatility.

Shell plc announced the purchase of 2 million shares as part of its buy-back program on 6 April 2022. Shares were acquired at a volume weighted average price of £21.3128 per share. The company made these purchases across multiple trading venues, including LSE and Chi-X. This transaction aligns with its previously announced buy-back arrangement on 3 February 2022, which will continue until 4 May 2022. The trading decisions are managed independently by Citigroup Global Markets Limited.

Shell plc announced the purchase of 2.4 million shares on 5 April 2022 as part of its share buy-back arrangement initiated on 3 February 2022. The shares were bought at prices ranging from £20.9300 to £21.3150, with an average price of £21.1302 across various trading venues including LSE and BATS. Citigroup Global Markets Limited managed the trading decisions independently for this buy-back program, adhering to regulatory requirements from both EU and UK legislation. These actions are intended to enhance shareholder value through share cancellation.

On April 5, 2022, Shell plc disclosed transactions by Persons Discharging Managerial Responsibilities (PDMRs), who acquired dividend shares following the interim dividend payment on March 28, 2022. Key transactions included Jessica Uhl acquiring 308.24 SHELL shares at €24.91 and 249.19 SHEL ADS at $55.47. Other PDMRs such as Harry Brekelmans and Ronan Cassidy also acquired substantial share volumes. The report highlights continued share-based incentives despite Uhl's resignation as CFO effective March 31, 2022. More details are available in Shell's Annual Report for 2021.