Transaction in Own Shares

Shell plc (NYSE:SHEL) has executed significant share repurchases across multiple trading venues on July 15, 2025, as part of its previously announced buyback programme.

Rhea-AI Summary

Shell plc (NYSE:SHEL) has executed significant share repurchases across multiple trading venues on July 15, 2025, as part of its previously announced buyback programme. The company acquired a total of 940,000 shares in GBP across LSE, Chi-X, and BATS venues, with prices ranging from £26.16 to £26.37. Additionally, 850,000 shares were purchased in EUR across XAMS, CBOE DXE, and TQEX venues, with prices ranging from €30.24 to €30.51.

The transactions are part of Shell's share buy-back programme announced on May 2, 2025, managed independently by BNP PARIBAS SA until July 25, 2025. The programme includes both on-market and off-market purchases, conducted in accordance with UK Listing Rules and Market Abuse Regulations.

[ "Continued execution of share buyback program demonstrates strong commitment to returning value to shareholders", "Multi-venue purchase strategy ensures efficient price execution and market liquidity", "Independent management by BNP PARIBAS SA ensures transparent and compliant execution" ]

Positive

• None.

Negative

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

News Market Reaction – SHEL

-0.98%

-0.98% Session move

In the trading session that priced this news, SHEL declined 0.98%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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Transaction in Own Shares

15 July, 2025

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Shell plc (the ‘Company’) announces that on 15 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
15/07/2025	727,354	£26.3650	£26.1550	£26.2480	LSE	GBP
15/07/2025	124,991	£26.3550	£26.1600	£26.2491	Chi-X (CXE)	GBP
15/07/2025	87,655	£26.3500	£26.1600	£26.2301	BATS (BXE)	GBP
15/07/2025	556,551	€30.5050	€30.2400	€30.3591	XAMS	EUR
15/07/2025	249,149	€30.5100	€30.2450	€30.3642	CBOE DXE	EUR
15/07/2025	44,300	€30.4300	€30.2450	€30.3172	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 15

FAQ

How many shares did Shell (SHEL) purchase on July 15, 2025?

Shell purchased approximately 1.79 million shares in total, with 940,000 shares in GBP (across LSE, Chi-X, and BATS) and 850,000 shares in EUR (across XAMS, CBOE DXE, and TQEX).

What is the price range of Shell's share buyback on July 15, 2025?

In GBP, shares were purchased between £26.16 and £26.37. In EUR, the price range was €30.24 to €30.51.

When will Shell's current share buyback program end?

The current buyback program, managed by BNP PARIBAS SA, will run from May 2, 2025, until July 25, 2025.

How is Shell's share buyback program being executed?

The program is executed through both on-market and off-market purchases, managed independently by BNP PARIBAS SA, in compliance with UK Listing Rules and Market Abuse Regulations.