Transaction in Own Shares
Rhea-AI Summary
Shell plc (SHEL) purchased shares for cancellation on 07 November 2025 as part of its existing buy-back programme announced on 30 October 2025. Aggregated purchases reported by venue: 735,614 shares on LSE at a VWAP of GBP 28.4298, and 731,526 shares on XAMS at a VWAP of EUR 32.3488. Total shares bought for cancellation on that date: 1,467,140.
The programme is active from 30 October 2025 to 30 January 2026, with Merrill Lynch International making independent trading decisions and purchases executed under on-market and off-market authorities in line with UK MAR and EU MAR onshored rules.
Positive
- Total shares purchased for cancellation: 1,467,140
- LSE VWAP reported at GBP 28.4298
- XAMS VWAP reported at EUR 32.3488
- Buy-back programme runs through 30 January 2026
Negative
- None.
News Market Reaction – SHEL
On the day this news was published, SHEL gained 1.85%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Transaction in Own Shares
07 November, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 07 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 |
| 07/11/2025 | 735,614 | 28.5850 | 28.2250 | 28.4298 | LSE | GBP |
| 07/11/2025 | - | - | - | - | Chi-X (CXE) | GBP |
| 07/11/2025 | - | - | - | - | BATS (BXE) | GBP |
| 07/11/2025 | 731,526 | 32.5550 | 32.1000 | 32.3488 | XAMS | EUR |
| 07/11/2025 | - | - | - | - | CBOE DXE | EUR |
| 07/11/2025 | - | - | - | - | 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
Attachment
FAQ
How many Shell (SHEL) shares were purchased on 07 November 2025?
What were the VWAPs for Shell (SHEL) buybacks on 07 November 2025?
When does Shell's (SHEL) current buy-back programme end?
Who is executing Shell's (SHEL) buy-back trades?
Were Shell (SHEL) buy-back trades executed across multiple venues on 07 November 2025?
Are Shell's (SHEL) buy-backs being conducted under regulatory rules?
