Transaction in Own Shares

Rhea-AI Summary

Shell plc (NYSE:SHEL) has executed another round of share repurchases on July 16, 2025, as part of its previously announced buyback program. The company purchased a total of 914,432 shares across LSE, Chi-X, and BATS venues in GBP, and 863,734 shares across XAMS, CBOE DXE, and TQEX venues in EUR.

The transactions were executed at prices ranging from £26.04 to £26.415 in the UK markets and €30.13 to €30.585 in European markets. These purchases are part of Shell's buyback programme announced on May 2, 2025, which is being independently managed by BNP PARIBAS SA until July 25, 2025.

Positive

• Continued execution of share buyback program demonstrates strong commitment to returning value to shareholders
• Multiple trading venues utilized for efficient price execution and liquidity management
• Independent management by BNP PARIBAS SA ensures market compliance and trading objectivity

Negative

• Capital expenditure on share buybacks reduces cash available for operational investments
• Share repurchases may limit financial flexibility in case of market downturn

News Market Reaction – SHEL

+0.38%

1 alert

+0.38% News Effect

On the day this news was published, SHEL gained 0.38%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Transaction in Own Shares

16 July, 2025

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 16 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
16/07/2025	644,486	£26.4150	£26.0400	£26.2673	LSE	GBP
16/07/2025	178,085	£26.4150	£26.0900	£26.2899	Chi-X (CXE)	GBP
16/07/2025	91,861	£26.4050	£26.0400	£26.2624	BATS (BXE)	GBP
16/07/2025	571,434	€30.5850	€30.1300	€30.4341	XAMS	EUR
16/07/2025	247,133	€30.5800	€30.1300	€30.4317	CBOE DXE	EUR
16/07/2025	45,167	€30.5650	€30.3650	€30.5040	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 16

FAQ

How many shares did Shell (SHEL) repurchase on July 16, 2025?

Shell purchased a total of 1,778,166 shares across multiple venues - 914,432 shares in GBP across UK venues and 863,734 shares in EUR across European venues.

What is the price range of Shell's share buyback on July 16, 2025?

In UK markets, shares were purchased between £26.04 to £26.415, while in European markets, the price range was €30.13 to €30.585.

Who is managing Shell's current buyback program?

BNP PARIBAS SA is independently managing the trading decisions for Shell's buyback program from May 2, 2025 to July 25, 2025.

When did Shell announce this buyback program?

Shell announced this share buy-back programme on May 2, 2025.

What exchanges is Shell conducting its buyback on?

Shell is conducting buybacks across multiple venues including LSE, Chi-X (CXE), BATS (BXE) in the UK, and XAMS, CBOE DXE, TQEX in Europe.