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Transaction in Own Shares

Shell plc (SHEL) announced a share buyback transaction on May 7, 2025, as part of its previously announced buyback program.

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Shell plc (SHEL) announced a share buyback transaction on May 7, 2025, as part of its previously announced buyback program. The company purchased a total of 1,890,000 shares across multiple venues: - London Stock Exchange (LSE): 616,136 shares at £24.37 VWAP - European venues: 950,000 shares at approximately €28.81 VWAP - Other UK venues: 323,864 shares at £24.37 VWAP The buyback program, managed independently by BNP PARIBAS SA, will run from May 2 to July 25, 2025. The purchases comply with UK and EU market regulations, including both on-market and off-market transactions within pre-set parameters.
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Positive

  • Continued execution of share buyback program demonstrates strong capital return commitment to shareholders
  • Multi-venue purchase strategy suggests efficient price execution and market liquidity
  • Independent management by BNP PARIBAS SA ensures regulatory compliance and market best practices

Negative

  • Share buybacks reduce company's cash reserves available for operations and investments

News Market Reaction – SHEL

-0.08%
-0.08% Session move

In the trading session that priced this news, SHEL declined 0.08%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Transaction in Own Shares

7 May, 2025

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 7 May, 2025 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

Date of purchaseNumber of Shares purchasedHighest price paid


Lowest price paid


Volume weighted average price paid per shareVenueCurrency
07/05/2025616,136£24.5300£24.2150£24.3664LSEGBP
07/05/2025205,672£24.5400£24.2150£24.3722Chi-X (CXE)GBP
07/05/2025118,192£24.5300£24.2250£24.3761BATS (BXE)GBP
07/05/2025551,907€29.0100€28.6600€28.8050XAMSEUR
07/05/2025314,759€29.0100€28.6600€28.8122CBOE DXEEUR
07/05/202583,334€29.0100€28.6900€28.8750TQEXEUR

These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 2 May 2025.

In respect of this programme, BNP PARIBAS SA will make trading decisions in relation to the securities independently of the Company for a period from 2 May 2025 up to and including 25 July 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 BNP PARIBAS SA 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) buy back on May 7, 2025?

Shell purchased a total of 1,890,000 shares across multiple venues, including 616,136 shares on LSE, 950,000 shares on European venues, and 323,864 shares on other UK venues.

What is the duration of Shell's current share buyback program?

Shell's current share buyback program runs from May 2, 2025, to July 25, 2025, managed independently by BNP PARIBAS SA.

What was the average price paid for Shell shares in the May 7 buyback?

On the LSE and UK venues, Shell paid approximately £24.37 per share (VWAP), while on European venues, the average price was around €28.81 per share.

Who manages Shell's share buyback program?

BNP PARIBAS SA independently manages Shell's share buyback program, making trading decisions separate from the company within pre-set parameters.