Transaction in Own Shares

Rhea-AI Summary

Shell plc (NYSE:SHEL) has announced its latest share buyback transaction on June 24, 2025. The company purchased a total of approximately 3.3 million shares across multiple trading venues, including LSE, BATS, Chi-X, XAMS, CBOE DXE, and TQEX.

The purchases are part of Shell's existing buyback programme announced on May 2, 2025, which will continue until July 25, 2025. BNP PARIBAS SA is managing the trading decisions independently, with transactions executed through both on-market and off-market mechanisms. On the LSE, shares were purchased at prices ranging from £25.5450 to £26.1600, while on European exchanges, prices ranged from €30.0450 to €30.8250.

Positive

• Continued execution of share buyback program demonstrates strong capital return commitment to shareholders
• Multiple trading venue approach ensures efficient price execution and market liquidity
• Independent management by BNP PARIBAS SA ensures transparent and regulated buyback process

Negative

• Capital expenditure on buybacks reduces cash available for operational investments
• Share repurchases at relatively high price points may impact program's cost-effectiveness

News Market Reaction – SHEL

-0.99%

1 alert

-0.99% News Effect

On the day this news was published, SHEL declined 0.99%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Transaction in Own Shares

24 June, 2025

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Shell plc (the ‘Company’) announces that on 24 June, 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
24/06/2025	1,333,977	£26.1600	£25.5450	£25.9394	LSE	GBP
24/06/2025	186,834	£26.1600	£25.6550	£25.9442	BATS (BXE)	GBP
24/06/2025	184,189	£26.1600	£25.6400	£25.9586	Chi-X (CXE)	GBP
24/06/2025	1,208,195	€30.8050	€30.0450	€30.5359	XAMS	EUR
24/06/2025	337,173	€30.8250	€30.1050	€30.5489	CBOE DXE	EUR
24/06/2025	44,632	€30.7950	€30.0650	€30.5364	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 06 24

FAQ

How many shares did Shell (SHEL) purchase on June 24, 2025?

Shell purchased approximately 3.3 million shares across various trading venues, including about 1.33 million shares on LSE and 1.2 million shares on XAMS.

What is the price range for Shell's share buyback on June 24, 2025?

On LSE, shares were purchased between £25.5450 and £26.1600, while on European exchanges, prices ranged from €30.0450 to €30.8250.

When will Shell's current share buyback program end?

The current share buyback program, managed by BNP PARIBAS SA, will continue until July 25, 2025.

Who manages Shell's share buyback program?

BNP PARIBAS SA manages the trading decisions independently of Shell for the period from May 2, 2025, to July 25, 2025.

What trading venues did Shell use for its share buyback?

Shell executed purchases across six trading venues: LSE, BATS (BXE), Chi-X (CXE), XAMS, CBOE DXE, and TQEX.