Transaction in Own Shares

Rhea-AI Summary

Shell (SHEL) announced share purchases on 16 October 2025 as part of its ongoing buy‑back programme announced 31 July 2025. The Company repurchased a total of 1,560,000 shares across multiple European trading venues for cancellation.

Trades executed on LSE, Chi‑X, BATS (GBP) had volume‑weighted average prices around £26.84 per share; trades on XAMS and CBOE DXE (EUR) had VWAPs around €31.03 per share. HSBC Bank plc is executing trades independently under pre‑set parameters through 24 October 2025.

Positive

• 1,560,000 shares repurchased for cancellation on 16 October 2025
• Buyback executed across multiple venues (LSE, Chi‑X, BATS, XAMS, CBOE DXE)
• VWAPs approximately £26.84 and €31.03 per share

Negative

• Repurchases were for cancellation, reducing shares outstanding and free float

Insights

Equity capital actions analyst

Shell executed additional share repurchases under its existing buy‑back programme through multiple venues on 16 October, 2025.

The Company purchased shares for cancellation across several trading venues: 385,949 on the LSE at a volume‑weighted average price of £26.8396, 174,869 on Chi‑X at £26.8465, 219,182 on BATS at £26.8355, 412,848 on XAMS at €31.0333, and 367,152 on CBOE DXE at €31.0346. The purchases form part of the on‑ and off‑market limbs of the programme announced on 31 July 2025, with HSBC Bank plc making trading decisions independently through and including 24 October 2025.

The mechanics are straightforward: the Company is cancelling shares it repurchased; trades occurred within pre‑set parameters and in line with UK MAR/EU MAR rules. Key factual dependencies include the independent execution by HSBC and the programme timeframe ending 24 October 2025. Watch for the remaining daily trade breakdowns and any aggregate totals the Company publishes before the programme end date, and for formal confirmation of total shares cancelled once the programme completes within the stated timeframe.

Transaction in Own Shares   

16 October, 2025

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 16 October, 2025 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

Date of purchase	Number of Shares purchased	Highest price paid	Lowest price paid	Volume weighted average price paid per share	Venue	Currency
16/10/2025	385,949	£26.9500	£26.7700	£26.8396	LSE	GBP
16/10/2025	174,869	£26.9500	£26.7850	£26.8465	Chi-X (CXE)	GBP
16/10/2025	219,182	£26.9500	£26.7700	£26.8355	BATS (BXE)	GBP
16/10/2025	412,848	€31.1300	€30.9250	€31.0333	XAMS	EUR
16/10/2025	367,152	€31.1300	€30.9250	€31.0346	CBOE DXE	EUR
16/10/2025	-	-	-	-	TQEX	EUR

These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 July 2025.

In respect of this programme, HSBC Bank plc will make trading decisions in relation to the securities independently of the Company for a period from 31 July 2025 up to and including 24 October 2025.

The on-market limb will be effected within certain pre-set parameters and in accordance with the Company’s general authority to repurchase shares on-market. The off-market limb will be effected in accordance with the Company’s general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein. The programme will be conducted in accordance with Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes (“EU MAR”) and EU MAR as “onshored” into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time (“UK MAR”) and the Commission Delegated Regulation (EU) 2016/1052 (the “EU MAR Delegated Regulation”) and the EU MAR Delegated Regulation as “onshored” into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time.

In accordance with EU MAR and UK MAR, a breakdown of the individual trades made by HSBC Bank plc on behalf of the Company as a part of the buy-back programme is detailed below.

Enquiries

Media: International +44 (0) 207 934 5550; U.S. and Canada: https://www.shell.us/about-us/news-and-insights/media/submit-an-inquiry.html

LEI number of Shell plc: 21380068P1DRHMJ8KU70

Classification: Acquisition or disposal of the issuer’s own shares

Attachment

• Shell RNS (Extended) 20251016

FAQ

How many Shell (SHEL) shares were repurchased on 16 October 2025?

Shell repurchased a total of 1,560,000 shares on 16 October 2025 for cancellation.

What prices did Shell (SHEL) pay per share on 16 October 2025?

Volume‑weighted average prices were about £26.84 per share on GBP venues and €31.03 per share on EUR venues.

Which trading venues did Shell (SHEL) use for the 16 October 2025 buybacks?

Trades were executed on LSE, Chi‑X (CXE), BATS (BXE), XAMS and CBOE DXE.

Are the 16 October 2025 share purchases part of Shell's ongoing buy‑back programme (SHEL)?

Yes. The purchases form part of the on‑ and off‑market limbs of Shell's buy‑back programme announced 31 July 2025.

Who is executing the buyback trades for Shell (SHEL) and until when?

HSBC Bank plc is making trading decisions independently on behalf of Shell under pre‑set parameters through 24 October 2025.