Transaction in Own Shares

Rhea-AI Summary

Shell plc (NYSE:SHEL) has announced the continuation of its share buyback programme with significant purchases across multiple trading venues on July 1, 2025. The company acquired a total of 840,000 shares in GBP across LSE, Chi-X, and BATS platforms, with prices ranging from £25.52 to £25.745. Additionally, 853,000 shares were purchased in EUR across XAMS, CBOE DXE, and TQEX venues, with prices ranging from €29.855 to €30.10.

The purchases are part of Shell's existing buyback programme announced on May 2, 2025, which is being executed by BNP PARIBAS SA independently until July 25, 2025. The programme includes both on-market and off-market components, conducted in accordance with UK Listing Rules, EU MAR, UK MAR, and related regulations.

Positive

• Active share repurchase program demonstrates strong commitment to returning value to shareholders
• Multiple trading venue execution strategy suggests efficient implementation of buyback program
• Independent execution by BNP PARIBAS SA ensures market compliance and trading objectivity

Negative

• Significant cash expenditure on buybacks could impact available capital for other investments

News Market Reaction – SHEL

+1.11%

1 alert

+1.11% News Effect

On the day this news was published, SHEL gained 1.11%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Transaction in Own Shares

1 July, 2025

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 1 July, 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
01/07/2025	620,623	£25.7450	£25.5200	£25.6135	LSE	GBP
01/07/2025	113,152	£25.7400	£25.5200	£25.6128	Chi-X (CXE)	GBP
01/07/2025	107,225	£25.7400	£25.5250	£25.6097	BATS (BXE)	GBP
01/07/2025	551,231	€30.1000	€29.8550	€29.9933	XAMS	EUR
01/07/2025	254,882	€30.1000	€29.8550	€29.9943	CBOE DXE	EUR
01/07/2025	46,887	€30.0950	€29.8700	€30.0345	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 2 May 2025.

In respect of this programme, BNP PARIBAS SA will make trading decisions in relation to the securities independently of the Company for a period from 2 May 2025 up to and including 25 July 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 BNP PARIBAS SA 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

• RNS Report SHELL 2025 07 01

FAQ

How many shares did Shell (SHEL) purchase on July 1, 2025?

Shell purchased approximately 1.69 million shares in total across multiple venues - about 840,000 shares in GBP and 853,000 shares in EUR.

What is the price range for Shell's share buyback on July 1, 2025?

On LSE and related venues, shares were purchased between £25.52 and £25.745. On European exchanges, prices ranged from €29.855 to €30.10.

Who is executing Shell's share buyback program?

BNP PARIBAS SA is executing the trading decisions independently of Shell from May 2, 2025, to July 25, 2025.

What regulations govern Shell's share buyback program?

The program is governed by UK Listing Rules, EU MAR, UK MAR, and the EU MAR Delegated Regulation, including post-Brexit adaptations.

When did Shell announce this share buyback program?

Shell announced this share buyback programme on May 2, 2025, with execution continuing through July 25, 2025.