Transaction in Own Shares

Rhea-AI Summary

Shell plc (SHEL) has executed another round of share buybacks on April 24, 2025, as part of its previously announced buyback programme from January 30, 2025. The company purchased:

• 907,866 shares on London exchanges (LSE, Chi-X, BATS) at prices between £24.16-£24.53
• 551,379 shares on European exchanges (XAMS, CBOE DXE) at prices between €28.42-€28.86

The purchases are being managed independently by Natixis until April 25, 2025, under both on-market and off-market arrangements, following UK Listing Rules and Market Abuse Regulations.

Positive

• Ongoing share buyback program demonstrates strong capital return commitment to shareholders
• Substantial daily purchase volume of 1.46 million shares indicates significant buyback execution

Negative

• None.

Transaction in Own Shares

24 April, 2025

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 24 April 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
24/04/2025	607,866	£ 24.5350	£ 24.1650	£ 24.3431	LSE	GBP
24/04/2025	150,000	£ 24.5300	£ 24.1600	£ 24.3558	Chi-X (CXE)	GBP
24/04/2025	150,000	£ 24.5300	£ 24.1550	£ 24.3558	BATS (BXE)	GBP
24/04/2025	401,379	€ 28.8600	€ 28.4200	€ 28.6382	XAMS	EUR
24/04/2025	150,000	€ 28.8500	€ 28.4500	€ 28.6621	CBOE DXE	EUR
24/04/2025	0	-	-	-	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 January 2025.

In respect of this programme, Natixis will make trading decisions in relation to the securities independently of the Company for a period from 30 January 2025 up to and including 25 April 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 Natixis on behalf of the Company as a part of the buy-back programme is detailed below.

Enquiries

Media International: +44 (0) 207 934 5550

Media Americas: +1 832 337 4335

LEI number of Shell plc: 21380068P1DRHMJ8KU70

Classification: Acquisition or disposal of the issuer’s own shares

Attachment

• Shell plc Share Buyback RNS_04.24.2025

FAQ

How many shares did Shell (SHEL) purchase on April 24, 2025?

Shell purchased a total of 1,459,245 shares across various exchanges, including 907,866 shares in GBP and 551,379 shares in EUR.

What is the price range for Shell's (SHEL) share buyback on April 24, 2025?

On London exchanges, shares were purchased between £24.16-£24.53, while on European exchanges, the price range was €28.42-€28.86.

When will Shell's (SHEL) current buyback program end?

The current buyback program, managed by Natixis, will run until April 25, 2025.

Who manages Shell's (SHEL) share buyback program?

Natixis manages the trading decisions independently of Shell for this buyback program.