Transaction in Own Shares
Rhea-AI Summary
Shell (SHEL) purchased and cancelled 1,425,633 shares on 11 November 2025 across the LSE and XAMS venues: 713,166 shares on LSE at a volume-weighted average price of £29.1680 and 712,467 shares on XAMS at a volume-weighted average price of €33.1647. These purchases form part of the company's existing buy-back programme announced 30 October 2025.
Merrill Lynch International will make trading decisions independently for the programme running from 30 October 2025 to 30 January 2026. The buy-back is being conducted under UK Listing Rules Chapter 9 and UK MAR (onshored EU MAR) and relevant delegated regulations.
Positive
- Purchased 1,425,633 shares for cancellation on 11 Nov 2025
- Buy-back executed across two major venues: LSE and XAMS
- Independent broker (Merrill Lynch) conducting trades from 30 Oct 2025–30 Jan 2026
Negative
- Total cash spent on 11 Nov 2025 purchase not disclosed in the announcement
News Market Reaction – SHEL
On the day this news was published, SHEL gained 0.59%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Transaction in Own Shares
11 November, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 11 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 |
| 11/11/2025 | 713,166 | 29.3750 | 28.9250 | 29.1680 | LSE | GBP |
| 11/11/2025 | - | - | - | - | Chi-X (CXE) | GBP |
| 11/11/2025 | - | - | - | - | BATS (BXE) | GBP |
| 11/11/2025 | 712,467 | 33.4100 | 32.8800 | 33.1647 | XAMS | EUR |
| 11/11/2025 | - | - | - | - | CBOE DXE | EUR |
| 11/11/2025 | - | - | - | - | 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
What were the VWAPs for Shell (SHEL) buy-backs on 11 November 2025?
Who is executing Shell's (SHEL) buy-back programme and what are the dates?
Does the 11 November 2025 purchase cover all trading venues listed for Shell (SHEL)?
Under which regulations is Shell (SHEL) conducting its buy-back programme?
