Transaction in Own Shares
Shell (SHEL) purchased shares for cancellation on 14 November 2025 as part of its ongoing buy-back programme announced on 30 October 2025. Aggregated on‑venue purchases reported: 728,468 shares on LSE at a volume‑weighted average price of £28.5323, and 726,106 shares on XAMS at a volume‑weighted average price of €32.3937, totalling 1,454,574 shares purchased that day.
The programme is managed under pre-set parameters with Merrill Lynch International making independent trading decisions from 30 October 2025 through 30 January 2026, and is conducted in compliance with UK MAR, EU MAR Delegated Regulation and Chapter 9 of the UK Listing Rules.
Shell (SHEL) ha acquistato azioni da cancellare nell'ambito del proprio programma di riacquisto in corso annunciato il 30 ottobre 2025, con acquisti aggregati sul posto riportati: 728,468 azioni sul LSE a un prezzo medio ponderato per volume di £28.5323, e 726,106 azioni sul XAMS a un prezzo medio ponderato per volume di €32.3937, per un totale di 1,454,574 azioni acquistate quel giorno.
Il programma è gestito secondo parametri preimpostati, con Merrill Lynch International che prende decisioni di trading indipendenti dal 30 ottobre 2025 al 30 gennaio 2026, ed è condotto nel rispetto del UK MAR, del Regolamento Delegato EU MAR e del Capitolo 9 delle Regole di Listing del Regno Unito.
Shell (SHEL) compró acciones para cancelación como parte de su programa de recompra en curso anunciado el 30 de octubre de 2025. Compras agregadas reportadas en el mercado: 728,468 acciones en la LSE a un precio medio ponderado por volumen de £28.5323, y 726,106 acciones en la XAMS a un precio medio ponderado por volumen de €32.3937, totalizando 1,454,574 acciones compradas ese día.
El programa se gestiona con parámetros predefinidos, con Merrill Lynch International tomando decisiones de negociación independientes desde el 30 de octubre de 2025 hasta el 30 de enero de 2026, y se realiza cumpliendo con UK MAR, EU MAR Delegated Regulation y el Capítulo 9 de las Reglas de Listado del Reino Unido.
Shell (SHEL)은/는 취소를 위한 주식 매입을 2025년 11월 14일에 실시했고, 이는 2025년 10월 30일에 발표된 지속 중인 자사주 매입 프로그램의 일부입니다. 728,468주가 LSE에서 거래소 내 거래에서 보고되었고, 거래 가중 평균가(VWAP)는 £28.5323, 또 다른 726,106주가 XAMS에서 보고되었으며 VWAP는 €32.3937, 그 날 총 1,454,574주가 매입되었습니다.
프로그램은 사전에 설정된 매개변수에 따라 관리되며, Merrill Lynch International이 2025년 10월 30일부터 2026년 1월 30일까지 독립적으로 거래 의사결정을 내리며, UK MAR, EU MAR 위임 규정 및 UK Listing Rules의 제9장에 따라 수행됩니다.
Shell (SHEL) a acheté des actions en vue de leur annulation dans le cadre de son programme de rachat en cours annoncé le 30 octobre 2025. Les achats agrégés consignés sur les marchés sont les suivants : 728 468 actions sur le LSE à un prix moyen pondéré par les volumes de £28,5323, et 726 106 actions sur le XAMS à un prix moyen pondéré par les volumes de €32,3937, soit un total de 1 454 574 actions achetées ce jour-là.
Le programme est géré selon des paramètres prédéfinis avec Merrill Lynch International qui prend des décisions de trading indépendantes du 30 octobre 2025 au 30 janvier 2026, et il est exécuté conformément au UK MAR, au Reglement Delegué EU MAR et au Chapitre 9 des Règles de Listing du Royaume-Uni.
Shell (SHEL) hat Aktien zum Zweck der Tilgung im Rahmen seines laufenden Rückkaufprogramms gekauft, das am 14. November 2025 angekündigt wurde. Aggregierte am Markt gemeldete Käufe: 728.468 Aktien an der LSE zu einem volumengewichteten Durchschnittspreis von £28.5323, und 726.106 Aktien an der XAMS zu einem volumengewichteten Durchschnittspreis von €32.3937, insgesamt 1.454.574 Aktien, die an diesem Tag gekauft wurden.
Das Programm wird nach vordefinierten Parametern verwaltet, wobei Merrill Lynch International unabhängige Handelsentscheidungen vom 30. Oktober 2025 bis zum 30. Januar 2026 trifft, und es erfolgt in Übereinstimmung mit UK MAR, EU MAR Delegated Regulation und Kapitel 9 der UK Listing Rules.
Shell (SHEL) اشترت أسهماً لإلغائها كجزء من برنامج إعادة الشراء المستمر الذي أُعلن عنه في 30 أكتوبر 2025، وذكرت المشتريات المجمّعة في السوق: 728,468 سهماً في LSE بسعر متوسط مرجح بالحجم قدره £28.5323، و726,106 سهماً في XAMS بسعر متوسط مرجح بالحجم قدره €32.3937، ليصل الإجمالي إلى 1,454,574 سهماً تم شراؤها في ذلك اليوم.
يُدار البرنامج وفق معايير محددة سلفاً مع قيام Merrill Lynch International باتخاذ قرارات التداول بشكل مستقل من 30 أكتوبر 2025 حتى 30 يناير 2026، ويتم التنفيذ بما يتوافق مع UK MAR، Regulated EU MAR واللائحة التفويضية وقسم 9 من قواعد الإدراج في المملكة المتحدة.
- Purchased 1,454,574 shares for cancellation on 14 Nov 2025
- Merrill Lynch to trade independently from 30 Oct 2025 to 30 Jan 2026
- None.
Insights
Shell executed on-market and off-market buybacks on
Shell plc purchased 728,468 shares on the LSE at a volume‑weighted average price of
Impact depends on the scale relative to the company’s share base and cash position; the release provides only traded quantities and VWAPs for two venues so the financial magnitude and proportional effect are not disclosed here. Regulatory compliance with Chapter 9 (UK Listing Rules) and EU/UK MAR frameworks is stated, which lowers execution risk but does not disclose total programme size or remaining capacity. Watch for disclosures of cumulative programme progress, total authorised buy‑back amount, and any changes to the independent trading mandate before
Transaction in Own Shares
14 November, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 14 November, 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 |
| 14/11/2025 | 728,468 | 28.7600 | 28.3050 | 28.5323 | LSE | GBP |
| 14/11/2025 | - | - | - | - | Chi-X (CXE) | GBP |
| 14/11/2025 | - | - | - | - | BATS (BXE) | GBP |
| 14/11/2025 | 726,106 | 32.5700 | 32.1150 | 32.3937 | XAMS | EUR |
| 14/11/2025 | - | - | - | - | CBOE DXE | EUR |
| 14/11/2025 | - | - | - | - | 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 30 October 2025.
In respect of this programme, Merrill Lynch International will make trading decisions in relation to the securities independently of the Company for a period from 30 October 2025 up to and including 30 January 2026.
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 Merrill Lynch International 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
Attachment
FAQ
How many shares did Shell (SHEL) buy back on 14 November 2025?
What were the VWAPs Shell (SHEL) paid on 14 November 2025?
Is Shell's buy-back programme time-limited and who manages it for SHEL?
Was Shell's 14 Nov 2025 buyback conducted under regulatory rules for SHEL?
Which trading venues did Shell (SHEL) report trades on 14 November 2025?
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