Transaction in Own Shares

Rhea-AI Summary

Shell plc (NYSE:SHEL) has executed significant share repurchases across multiple trading venues on September 18, 2025, as part of its previously announced buyback program. The company acquired 800,000 shares in GBP across LSE, Chi-X, and BATS venues, with prices ranging from £26.06 to £26.375. Additionally, 800,000 shares were purchased in EUR through XAMS and CBOE DXE platforms at prices between €30.16 to €30.515.

The purchases are part of Shell's buyback programme announced on July 31, 2025, which will continue until October 24, 2025. HSBC Bank plc is managing the trading decisions independently, executing both on-market and off-market transactions in accordance with UK Listing Rules and Market Abuse Regulations.

Positive

• Continued execution of share buyback program demonstrates strong commitment to returning value to shareholders
• Multiple trading venue approach ensures efficient price execution and market liquidity
• Independent management by HSBC Bank ensures transparent and compliant execution

Negative

• Significant cash outflow for share repurchases could impact available capital for operations and investments

News Market Reaction – SHEL

+0.04%

1 alert

+0.04% News Effect

On the day this news was published, SHEL gained 0.04%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Transaction in Own Shares   

18 September, 2025

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Shell plc (the ‘Company’) announces that on 18 September, 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
18/09/2025	379,676	£26.3750	£26.0600	£26.2486	LSE	GBP
18/09/2025	174,035	£26.3750	£26.0600	£26.2612	Chi-X (CXE)	GBP
18/09/2025	246,289	£26.3700	£26.0600	£26.2479	BATS (BXE)	GBP
18/09/2025	477,589	€30.5150	€30.1600	€30.3599	XAMS	EUR
18/09/2025	322,411	€30.5150	€30.1600	€30.3786	CBOE DXE	EUR
18/09/2025	-	-	-	-	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) 20250918

FAQ

How many shares did Shell (SHEL) repurchase on September 18, 2025?

Shell purchased approximately 1.6 million shares in total, with 800,000 shares in GBP (across LSE, Chi-X, and BATS) and 800,000 shares in EUR (through XAMS and CBOE DXE).

What is the price range of Shell's share buyback on September 18, 2025?

In GBP, shares were purchased between £26.06 to £26.375. In EUR, the price range was €30.16 to €30.515.

When will Shell's current share buyback program end?

The current share buyback program, which was announced on July 31, 2025, will continue until October 24, 2025.

Who manages Shell's share buyback program?

HSBC Bank plc manages the trading decisions independently of Shell, executing both on-market and off-market transactions.

What regulations govern Shell's share buyback program?

The program is conducted under UK Listing Rules Chapter 9, EU and UK Market Abuse Regulations (MAR), and related Commission Delegated Regulations.