Transaction in Own Shares
Rhea-AI Summary
Shell plc (SHEL) reports that on 03 November 2025 it purchased and cancelled a total of 1,466,089 shares under its existing buy-back programme. Purchases were executed on LSE (735,106 shares, VWAP £28.4781, high £28.8850, low £28.3000) and XAMS (730,983 shares, VWAP €32.5466, high €32.9400, low €32.3000).
The transactions form part of the on- and off-market limbs of the programme announced 30 October 2025, with Merrill Lynch International making independent trading decisions from 30 October 2025 to 30 January 2026. The programme is conducted under UK MAR and EU MAR rules.
Positive
- 1,466,089 shares purchased and cancelled on 03/11/2025
- On-market executions on LSE and XAMS with disclosed VWAPs
- Buy-back conducted under existing shareholder-approved programme and UK/EU MAR compliance
Negative
- Highest disclosed price paid: €32.9400 on XAMS
- Highest disclosed price paid: £28.8850 on LSE
News Market Reaction – SHEL
On the day this news was published, SHEL declined 0.71%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Transaction in Own Shares
03 November, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 03 November, 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 |
| 03/11/2025 | 735,106 | 28.8850 | 28.3000 | 28.4781 | LSE | GBP |
| 03/11/2025 | - | - | - | - | Chi-X (CXE) | GBP |
| 03/11/2025 | - | - | - | - | BATS (BXE) | GBP |
| 03/11/2025 | 730,983 | 32.9400 | 32.3000 | 32.5466 | XAMS | EUR |
| 03/11/2025 | - | - | - | - | CBOE DXE | EUR |
| 03/11/2025 | - | - | - | - | 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 30 October 2025.
In respect of this programme, Merrill Lynch International will make trading decisions in relation to the securities independently of the Company for a period from 30 October 2025 up to and including 30 January 2026.
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 Merrill Lynch International 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
Which venues executed Shell (SHEL) buybacks on 03 November 2025?
What is the timeframe for Merrill Lynch International to trade under the SHEL buy-back programme?
Under what rules is Shell (SHEL) conducting its 2025 buy-back programme?
