Transaction in Own Shares

Rhea-AI Summary

Shell (SHEL) bought and cancelled a total of 1,600,000 shares on 13 October 2025 under its ongoing buy-back programme announced 31 July 2025. Purchases were executed across multiple venues: LSE, Chi-X (CXE), BATS (BXE) in GBP and XAMS and CBOE DXE in EUR, with volume‑weighted average prices of ~£26.98 and ~€31.16 per share respectively.

HSBC Bank plc made trading decisions independently for the programme period running from 31 July 2025 up to and including 24 October 2025. Transactions were conducted under the company’s on‑ and off‑market authorities in accordance with UK MAR and EU MAR rules as onshored into UK law.

Positive

• Total of 1,600,000 shares purchased and cancelled on 13 October 2025
• Multi‑venue execution across LSE, Chi‑X, BATS, XAMS and CBOE DXE
• Independent trading by HSBC for programme period through 24 October 2025

Negative

• None.

Insights

Capital Markets Strategist

Shell executed a buyback of 1,600,000 shares for cancellation across UK and EU venues on 13 October, 2025.

Shell plc purchased a total of 1,600,000 shares for cancellation across LSE, Chi-X, BATS, XAMS and CBOE DXE at weighted average prices around £26.98 and €31.16. The trades form part of the on‑ and off‑market limbs of the buy‑back programme announced on 31 July 2025, with HSBC Bank plc trading independently on behalf of Shell through 24 October 2025.

The business mechanism is straightforward: cancelling repurchased shares reduces the company’s outstanding share count and can increase per‑share metrics. Key dependencies and risks are explicit: the buyback is bounded by pre‑set parameters and regulatory compliance under UK MAR and the EU MAR Delegated Regulation. Concrete items to watch over the next short term are the remaining volume and cadence of purchases under the programme through 24 October 2025, and any future announcements updating total authorization or cancellation policy.

Transaction in Own Shares   

13 October, 2025

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 13 October, 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
13/10/2025	355,827	£27.1500	£26.8250	£26.9801	LSE	GBP
13/10/2025	173,992	£27.1450	£26.8250	£26.9922	Chi-X (CXE)	GBP
13/10/2025	295,181	£27.1450	£26.8250	£26.9758	BATS (BXE)	GBP
13/10/2025	422,839	€31.3300	€30.9950	€31.1667	XAMS	EUR
13/10/2025	352,161	€31.3300	€30.9950	€31.1612	CBOE DXE	EUR
13/10/2025	-	-	-	-	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 31 July 2025.

In respect of this programme, HSBC Bank plc will make trading decisions in relation to the securities independently of the Company for a period from 31 July 2025 up to and including 24 October 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 HSBC Bank plc 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

• Shell RNS (Extended) 20251013

FAQ

How many shares did Shell (SHEL) cancel on 13 October 2025?

Shell cancelled a total of 1,600,000 shares purchased on 13 October 2025.

What were the average prices Shell (SHEL) paid per share on 13 October 2025?

Volume‑weighted average prices were about £26.98 (GBP venues) and €31.16 (EUR venues).

Which trading venues did Shell (SHEL) use for the 13 October 2025 buyback?

Trades were executed on LSE, Chi‑X (CXE), BATS (BXE), XAMS and CBOE DXE.

Who made the trading decisions for Shell's (SHEL) buy‑back programme in October 2025?

HSBC Bank plc made trading decisions independently for the programme through 24 October 2025.

Is Shell's (SHEL) 13 October 2025 buyback part of a previously announced programme?

Yes. The purchases form part of the on‑ and off‑market limbs of the buy‑back programme announced on 31 July 2025.