Transaction in Own Shares

Rhea-AI Summary

Shell plc (SHEL) purchased shares for cancellation on 07/10/2025 as part of its ongoing buy-back programme announced 31 July 2025.

Aggregated purchases across venues total 1,047,918 shares on 07/10/2025, executed on LSE, Chi-X, BATS, XAMS and CBOE DXE. GBP volume-weighted average prices were about £27.7541–£27.7595 and EUR VWAPs about €32.0249–€32.0397 per share on that date.

HSBC Bank plc is making trading decisions independently for the programme from 31/07/2025 up to and including 24/10/2025. Transactions comply with UK MAR and EU MAR onshored rules.

Positive

• Shares purchased for cancellation: 1,047,918 on 07/10/2025
• GBP VWAP range recorded: £27.7541–£27.7595 on 07/10/2025
• EUR VWAP range recorded: €32.0249–€32.0397 on 07/10/2025

Negative

• None.

Insights

Capital Allocation Analyst

Shell executed tranches of its announced buy‑back on 7 October, 2025, repurchasing shares across multiple venues at stated prices.

The Company purchased multiple lots for cancellation across LSE, Chi‑X, BATS and continental venues totalling reported trades of 1,047,918 shares across the disclosed lines, with volume weighted average prices around £27.76 and €32.03 per share. These purchases form part of the previously announced buy‑back running from 31 July, 2025 to 24 October, 2025, and were executed by HSBC Bank plc within the stated on‑ and off‑market parameters.

The immediate business mechanism is straightforward: the Company is reducing share count via market purchases under an approved programme. Key dependencies and risks remain the programme's remaining capacity and the independent trading decisions by HSBC; regulatory compliance is stated as observed under UK MAR and EU MAR as on‑shored. Watch the cumulative buy‑back progress against the board's announced limit and the programme end date of 24 October, 2025 for further execution updates over the coming weeks.

Transaction in Own Shares   

7 October, 2025

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 7 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
07/10/2025	188,414	£28.0050	£27.5600	£27.7595	LSE	GBP
07/10/2025	167,310	£27.9850	£27.5600	£27.7569	Chi-X (CXE)	GBP
07/10/2025	168,183	£27.9850	£27.5600	£27.7541	BATS (BXE)	GBP
07/10/2025	279,504	€32.3100	€31.8100	€32.0397	XAMS	EUR
07/10/2025	244,507	€32.3100	€31.8100	€32.0249	CBOE DXE	EUR
07/10/2025	-	-	-	-	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) 20251007

FAQ

How many Shell plc (SHEL) shares were cancelled on 07/10/2025?

Shell purchased and cancelled 1,047,918 shares on 07/10/2025 across multiple venues.

What were the VWAPs Shell paid per share on 07/10/2025 for SHEL?

Recorded VWAPs on 07/10/2025 were about £27.7541–£27.7595 (GBP venues) and €32.0249–€32.0397 (EUR venues).

Which trading venues executed Shell plc (SHEL) buybacks on 07/10/2025?

Trades were executed on LSE, Chi-X, BATS, XAMS and CBOE DXE on 07/10/2025.

Who is executing Shell's buy-back trades and for how long for SHEL?

HSBC Bank plc is executing trades independently for the programme from 31/07/2025 up to and including 24/10/2025.

Is the 07/10/2025 buyback part of an existing SHEL programme?

Yes, the purchases form part of the on‑ and off‑market limbs of the buy-back programme announced on 31 July 2025.