Transaction in Own Shares

Rhea-AI Summary

Shell plc (NYSE:SHEL) has executed significant share repurchases across multiple trading venues on September 15, 2025, as part of its previously announced buyback program. The company purchased a total of 875,000 shares in GBP across LSE, Chi-X, and BATS venues, with prices ranging from £26.1050 to £26.4150. Additionally, 848,662 shares were acquired in EUR through XAMS and CBOE DXE platforms at prices between €30.3450 and €30.7100.

The purchases are part of Shell's share buy-back 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 pre-set parameters and regulatory requirements.

Positive

• None.

Negative

• Capital expenditure on share buybacks reduces cash available for operational investments
• Share repurchases may limit financial flexibility in case of market downturns

News Market Reaction – SHEL

+0.46%

1 alert

+0.46% News Effect

On the day this news was published, SHEL gained 0.46%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Transaction in Own Shares   

15 September, 2025

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Shell plc (the ‘Company’) announces that on 15 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
15/09/2025	435,579	£26.4150	£26.1050	£26.2176	LSE	GBP
15/09/2025	194,712	£26.4150	£26.1050	£26.2070	Chi-X (CXE)	GBP
15/09/2025	244,709	£26.4150	£26.1050	£26.2169	BATS (BXE)	GBP
15/09/2025	516,029	€30.7100	€30.3500	€30.4778	XAMS	EUR
15/09/2025	332,633	€30.7100	€30.3450	€30.4826	CBOE DXE	EUR
15/09/2025	-	-	-	-	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) 20250915

FAQ

How many shares did Shell (SHEL) purchase on September 15, 2025?

Shell purchased 875,000 shares in GBP (across LSE, Chi-X, and BATS) and 848,662 shares in EUR (through XAMS and CBOE DXE) on September 15, 2025.

What is the price range for Shell's share buyback on September 15, 2025?

In GBP, shares were purchased between £26.1050 to £26.4150. In EUR, the price range was €30.3450 to €30.7100.

When will Shell's current share buyback program end?

Shell's current share buyback program, which began on July 31, 2025, will continue until October 24, 2025.

Who manages Shell's share buyback program?

HSBC Bank plc independently manages the trading decisions for Shell's buyback program within pre-set parameters.

What regulations govern Shell's share buyback program?

The program is conducted under UK Listing Rules Chapter 9, EU and UK Market Abuse Regulation (MAR), and related delegated regulations, including post-Brexit provisions.