Transaction in Own Shares
- Share buyback demonstrates confidence in company's financial position and commitment to returning value to shareholders
- Multiple trading venues utilized for efficient execution of the buyback program
- Structured program with clear timeline and independent management by BNP PARIBAS SA ensures transparency and compliance
- Capital expenditure on share buybacks reduces cash available for operational investments or debt reduction
- Share repurchases may limit the company's financial flexibility in case of market downturn
Insights
Shell continues its share repurchase program, buying back 467,000 shares across various exchanges on June 10, 2025.
Shell plc has executed another round of share repurchases as part of its previously announced buyback program. On June 10, 2025, the company acquired approximately 467,000 shares for cancellation across multiple trading venues including the London Stock Exchange, European exchanges, and alternative trading platforms.
The purchases were executed at price ranges between
These transactions are part of Shell's broader share repurchase initiative announced on May 2, 2025, which will continue through July 25, 2025. The program is being independently managed by BNP PARIBAS SA within pre-established parameters and in accordance with relevant market regulations.
Share buybacks typically benefit remaining shareholders by reducing the number of outstanding shares, which can improve earnings per share metrics and potentially support share price. For Shell, this represents a continuation of its capital return strategy alongside its dividend policy.
The buyback program demonstrates management's confidence in Shell's financial position and commitment to returning capital to shareholders. The company's decision to repurchase shares suggests the board believes the current share price represents good value relative to the company's long-term prospects and cash generation capabilities.
Transaction in Own Shares
10 June, 2025
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Shell plc (the ‘Company’) announces that on 10 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 |
| 10/06/2025 | 146,011 | LSE | GBP | |||
| 10/06/2025 | 35,631 | Chi-X (CXE) | GBP | |||
| 10/06/2025 | 20,358 | BATS (BXE) | GBP | |||
| 10/06/2025 | 136,520 | XAMS | EUR | |||
| 10/06/2025 | 100,587 | CBOE DXE | EUR | |||
| 10/06/2025 | 27,893 | 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
FAQ
How many shares did Shell (SHEL) purchase on June 10, 2025?
What is the duration of Shell's current share buyback program?
What was the highest price Shell paid for shares in the buyback?
Who manages Shell's share buyback program?
On which exchanges did Shell purchase shares during this buyback?
