Welcome to our dedicated page for Shell news (Ticker: SHEL), a resource for investors and traders seeking the latest updates and insights on Shell stock.
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 disclosed a share repurchase on 09 August 2022, acquiring 1,600,000 shares at an average price of £21.9048 on the LSE. The company also bought 1,300,000 shares at an average price of €25.8480 on XAMS. This initiative is part of its ongoing buy-back program launched on 28 July 2022, managed by Citigroup Global Markets Limited. The buybacks comply with UK and EU regulations concerning market abuse.
Shell plc has announced the purchase of 1,700,000 shares on 08 August 2022 as part of its ongoing share buy-back program. The shares were acquired at a volume weighted average price of £21.6556 on the London Stock Exchange (LSE) and at an average price of €25.7129 on Euronext Amsterdam (XAMS). A total of 200,000 shares were also acquired on BATS at £21.6556. The program, managed by Citigroup Global Markets Limited, adheres to market regulations and aims to enhance shareholder value.
Shell plc announced the purchase of 1,912,393 shares for cancellation on 04 August 2022 as part of its existing share buy-back programme initiated on 28 July 2022. The highest price paid per share was £21.9150, while the lowest was £21.3000, resulting in a volume-weighted average price of £21.5263. The programme allows Citigroup Global Markets Limited to make independent trading decisions until 21 October 2022, adhering to regulatory frameworks under EU MAR and UK MAR.
On August 3, 2022, Shell plc announced the acquisition of 1,400,000 shares for cancellation as part of its ongoing buy-back program initiated on July 28, 2022. The purchases were conducted through various trading venues, with prices ranging from £21.5200 to £22.0600, and a volume-weighted average price of £21.7481. The program, managed independently by Citigroup Global Markets Limited, adheres to regulatory frameworks including EU MAR and UK MAR.
Shell plc announced the purchase of 1,800,000 shares on 02 August 2022 as part of its share buy-back program. The shares were bought for cancellation at a volume-weighted average price of £21.6005 on the London Stock Exchange and €25.8057 on the Amsterdam Stock Exchange. These transactions align with the previously announced buy-back program on 28 July 2022, which will be managed by Citigroup Global Markets Limited until 21 October 2022. This initiative aims to enhance shareholder value by reducing the number of shares in circulation.
Shell USA has recognized 27 science teachers as regional winners in the Shell Science Lab Regional Challenge, which promotes innovative lab experiences for K-12 students. The challenge provides financial packages of $10,000 for elementary and middle schools, and $15,000 for high schools to enhance science education. Winners from various states, including Texas and California, are set to advance to the national phase for a chance to secure an additional $5,000. This initiative highlights the commitment to improving STEM education despite resource limitations.
Shell plc announced on August 1, 2022, the purchase of 2,090,000 shares for cancellation at a volume-weighted average price of £21.5583 per share. The shares were acquired on the London Stock Exchange, while an additional 2,100,000 shares were procured on XAMS at an average price of €25.7181. This share buyback is part of a previously announced program starting July 28, 2022, in which Citigroup Global Markets Limited will independently manage trading decisions until October 21, 2022. The program adheres to relevant market regulations.
On July 29, 2022, Shell plc announced the purchase of 1,000,000 shares for cancellation as part of its existing buy-back program initiated on July 28, 2022. The shares were acquired at a volume-weighted average price of £21.5582 on the London Stock Exchange, with the highest price at £21.8900 and the lowest at £21.1300. Additional purchases included 900,000 shares on the Amsterdam exchange at an average price of €25.6388. Trading decisions were made independently by Citigroup Global Markets Limited, effective until October 21, 2022.
Shell plc has announced its total voting rights as of July 29, 2022, reporting 7,341,114,962 ordinary shares of €0.07 each. The company holds no shares in treasury. This number is critical for shareholders, as it serves as the denominator for calculating notifications regarding their interests in Shell under the FCA's Disclosure Guidance and Transparency Rules. The figure includes shares acquired through Shell's buy-back program that are not yet canceled, emphasizing the company's ongoing commitment to shareholder value.
Shell plc announced that on 28 July 2022, it repurchased 1,250,000 shares for cancellation as part of its existing share buy-back programme. The highest price paid was £21.60 and the lowest was £21.15, with a volume-weighted average price of £21.45. The shares were purchased on the LSE. Additionally, Citigroup Global Markets Limited will independently manage trading decisions for this programme until 21 October 2022. The buy-back adheres to regulations under EU MAR and UK MAR.