Transaction in Own Shares

Rhea-AI Summary

Shell plc (NYSE:SHEL) has executed significant share repurchases across multiple trading venues on July 2, 2025, as part of its previously announced buyback program. The company purchased a total of 495,000 shares across LSE, Chi-X, and BATS in GBP, with prices ranging from £25.8550 to £26.2150. Additionally, 583,000 shares were acquired across XAMS, CBOE DXE, and TQEX in EUR, with prices between €30.2200 and €30.6000.

The purchases are part of Shell's share buyback programme announced on May 2, 2025, which will continue until July 25, 2025. BNP PARIBAS SA is managing the trading decisions independently, executing both on-market and off-market transactions in accordance with UK and EU regulatory frameworks.

Positive

• Ongoing share buyback program demonstrates strong commitment to returning value to shareholders
• Multiple venue execution strategy suggests efficient price discovery and liquidity management
• Independent management by BNP PARIBAS SA ensures compliance and trading objectivity

Negative

• Significant cash outflow for share repurchases could impact available capital for operations or investments

News Market Reaction – SHEL

+1.53%

1 alert

+1.53% News Effect

On the day this news was published, SHEL gained 1.53%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Transaction in Own Shares

2 July, 2025

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 2 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
02/07/2025	340,575	£26.2150	£25.8550	£26.0658	LSE	GBP
02/07/2025	117,624	£26.2000	£25.8950	£26.0714	Chi-X (CXE)	GBP
02/07/2025	36,801	£26.2000	£25.9050	£26.0597	BATS (BXE)	GBP
02/07/2025	331,583	€30.6000	€30.2200	€30.4041	XAMS	EUR
02/07/2025	204,656	€30.6000	€30.2250	€30.3951	CBOE DXE	EUR
02/07/2025	46,761	€30.6000	€30.2450	€30.4659	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 02

FAQ

How many shares did Shell (SHEL) purchase on July 2, 2025?

Shell purchased approximately 1.078 million shares in total across multiple venues, including 495,000 shares in GBP and 583,000 shares in EUR.

What is the price range for Shell's share buyback on July 2, 2025?

In GBP, shares were purchased between £25.8550 and £26.2150. In EUR, the price range was €30.2200 to €30.6000.

When will Shell's current share buyback program end?

The current share buyback program, which began on May 2, 2025, will continue until July 25, 2025.

Who is managing Shell's share buyback program?

BNP PARIBAS SA is independently managing the trading decisions for Shell's buyback program.

What trading venues is Shell using for its share buyback?

Shell is executing buybacks across multiple venues including LSE, Chi-X, BATS, XAMS, CBOE DXE, and TQEX.