Shell 2.5% 2026 notes to leave NYSE listing
Shell plc’s 2.500% Guaranteed Notes due 2026 are being removed from NYSE listing and Section 12(b) registration via a completed Form 25 process.
Rhea-AI Filing Summary
Shell plc (SHEL) is removing a specific debt security from U.S. exchange listing and registration. The New York Stock Exchange filed a Form 25 to strike Shell’s 2.500% Guaranteed Notes due 2026 from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934.
The NYSE states it has complied with its own rules and with 17 CFR 240.12d2-2(b), and that Shell has complied with the Exchange’s rules and 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of this class of securities.
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Key Figures
Coupon rate: 2.500%
Maturity year: 2026
Exchange Act section: Section 12(b)
3 metrics
Coupon rate
2.500%
Interest rate on Shell plc Guaranteed Notes due 2026 being removed from listing
Maturity year
2026
Maturity year of Shell plc 2.500% Guaranteed Notes affected by the Form 25
Exchange Act section
Section 12(b)
Statutory basis for removal from listing and/or registration for the notes
Key Terms
Form 25, Section 12(b), Guaranteed Notes, voluntary withdrawal, +1 more
5 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) regulatory
"registration under SECTION 12(b) of the Securities Exchange Act of 1934"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
Guaranteed Notes financial
"Guarantor of 2.500% Guaranteed Notes due 2026"
Guaranteed notes are a type of investment where a third party promises to pay back your money with interest, no matter what happens to the market or the issuer. They matter because they offer added security, making them appealing to investors who want more certainty about getting their money back. Think of it like lending someone money with a guarantee from a trusted friend that you'll get paid back.
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities from listing"
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What security of Shell plc (SHEL) is being removed from NYSE listing?
The filing covers Shell plc’s 2.500% Guaranteed Notes due 2026, which are being removed from listing and/or registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934.
What is the purpose of Shell plc’s (SHEL) Form 25 filing?
Form 25 notifies that the 2.500% Guaranteed Notes due 2026 will be removed from NYSE listing and/or registration under Section 12(b), after compliance with 17 CFR 240.12d2-2(b) and 17 CFR 240.12d2-2(c) by the Exchange and the issuer.
Is the removal of Shell plc’s (SHEL) notes from the NYSE voluntary?
Yes. The document states that Shell has complied with the Exchange’s rules and the requirements of 17 CFR 240.12d2-2(c), which govern the voluntary withdrawal of a class of securities from listing and registration on the Exchange.
Which exchange is involved in Shell plc’s (SHEL) Form 25?
The New York Stock Exchange LLC is the exchange filing Form 25 to strike Shell plc’s 2.500% Guaranteed Notes due 2026 from listing and/or withdraw their registration under Section 12(b) of the Securities Exchange Act of 1934.
AI-generated analysis. How Rhea-AI works. Not financial advice.
