Transaction in Own Shares
Shell plc (NYSE:SHEL) has announced its latest share buyback transaction executed on September 19, 2025. The company purchased a total of 1,800,000 shares across multiple trading venues, including LSE, Chi-X, BATS, XAMS, and CBOE DXE.
The purchases were made at varying prices, with the highest price of £26.3950 on UK venues and €30.4550 on European venues. These transactions are part of Shell's share buyback programme announced on July 31, 2025, which will continue until October 24, 2025. HSBC Bank plc is executing the trades independently within pre-set parameters, including both on-market and off-market purchases.
- None.
- Capital allocation to buybacks reduces funds available for operational investment or debt reduction
Insights
Shell continues executing its share buyback program, repurchasing approximately 1.8 million shares across multiple exchanges on September 19.
Shell plc has continued executing its previously announced share repurchase program with substantial activity on September 19, 2025. The company purchased approximately
The company paid between
These repurchases are part of Shell's broader buyback program announced on July 31, 2025, which will continue through October 24, 2025. HSBC Bank is independently executing the trades within pre-established parameters set by Shell. The program includes both on-market purchases (executed within regulatory guidelines) and off-market buybacks (conducted under shareholder-approved contracts).
Share buybacks typically signal management's confidence in the company's financial health and often support share price by reducing outstanding shares, potentially increasing earnings per share. For Shell specifically, this continuing buyback program represents a significant return of capital to shareholders, complementing its dividend strategy. The structured, programmatic nature of these purchases demonstrates Shell's commitment to disciplined capital allocation while maintaining compliance with UK and EU regulatory frameworks even post-Brexit.
Transaction in Own Shares
19 September, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 19 September, 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 |
| 19/09/2025 | 455,120 | LSE | GBP | |||
| 19/09/2025 | 151,902 | Chi-X (CXE) | GBP | |||
| 19/09/2025 | 292,978 | BATS (BXE) | GBP | |||
| 19/09/2025 | 550,067 | XAMS | EUR | |||
| 19/09/2025 | 349,933 | CBOE DXE | EUR | |||
| 19/09/2025 | - | - | - | - | 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
FAQ
How many shares did Shell (SHEL) purchase on September 19, 2025?
What is the duration of Shell's current share buyback program?
What was the highest price paid for Shell shares in the buyback?
Who executes Shell's share buyback trades?
What regulations govern Shell's share buyback program?
