Transaction in Own Shares

Rhea-AI Summary

Shell plc (NYSE:SHEL) has executed significant share repurchases across multiple trading venues on July 8, 2025, as part of its previously announced buyback program. The company acquired a total of 1,120,000 shares across various exchanges, including LSE, BATS, Chi-X, XAMS, CBOE DXE, and TQEX.

The transactions were executed at prices ranging from £25.53 to £26.05 on UK venues and €29.79 to €30.33 on European venues. These purchases are part of Shell's share buyback programme announced on May 2, 2025, with BNP PARIBAS SA managing the trading decisions independently until July 25, 2025.

Positive

• None.

Negative

• Capital expenditure on share buybacks reduces cash available for operational investments
• Share repurchases may limit financial flexibility for future opportunities or market downturns

News Market Reaction – SHEL

+2.06%

1 alert

+2.06% News Effect

On the day this news was published, SHEL gained 2.06%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Transaction in Own Shares

8 July, 2025

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Shell plc (the ‘Company’) announces that on 8 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
08/07/2025	390,323	£26.0500	£25.5300	£25.7025	LSE	GBP
08/07/2025	98,745	£26.0500	£25.5600	£25.6890	BATS (BXE)	GBP
08/07/2025	80,932	£26.0500	£25.5650	£25.7167	Chi-X (CXE)	GBP
08/07/2025	296,017	€30.3300	€29.7950	€29.9261	XAMS	EUR
08/07/2025	205,761	€30.3300	€29.8100	€29.9208	CBOE DXE	EUR
08/07/2025	48,222	€29.9600	€29.8150	€29.8992	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 08

FAQ

How many shares did Shell (SHEL) repurchase on July 8, 2025?

Shell purchased a total of 1,120,000 shares across multiple trading venues, including 390,323 shares on LSE, 98,745 on BATS, 80,932 on Chi-X, and additional volumes on European exchanges.

What is the price range for Shell's share buyback on July 8, 2025?

On UK venues, shares were purchased between £25.53 and £26.05, while on European venues, the price range was €29.79 to €30.33.

When will Shell's current share buyback program end?

The current share buyback program, managed by BNP PARIBAS SA, will run until July 25, 2025, as announced on May 2, 2025.

How is Shell's share buyback program being executed?

The program is executed through both on-market and off-market purchases, with BNP PARIBAS SA making independent trading decisions within pre-set parameters and in accordance with regulatory requirements.

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 adaptations.