Wednesday, 27 November 2024
Home News Transaction in Own Shares

The following content is a news release issued by and distributed by . The original news release may be found here.

Transaction in Own Shares

Transaction in Own Shares

11 November, 2024

• • • • • • • • • • • • • • • •

Organizations

Shell plc (the ‘Company’) announces that on 11 November 2024 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
11/11/2024851,000 £25.7900£25.4500£25.6149LSEGBP
11/11/2024- £0.0000£0.0000£0.0000Chi-X (CXE)
GBP
11/11/2024- £0.0000£0.0000£0.0000BATS (BXE)
GBP
11/11/2024512,000 €31.4650€31.1350€31.3083XAMSEUR
11/11/2024- €0.0000€0.0000€0.0000CBOE DXEEUR
11/11/2024- €0.0000€0.0000€0.0000TQEXEUR

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 October 2024.

In respect of this programme, Citigroup Global Markets Limited will make trading decisions in relation to the securities independently of the Company for a period from 31 October 2024 up to and including 24 January 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 Citigroup Global Markets Limited 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 ...


Read the full news release here

Related Articles

A man searches for scrap metal in the polluted waters of the Las Vacas river, where informal workers salvage items from Guatemala's largest landfill, ahead of World Water Day in Guatemala City, Guatemala, March 21, 2023. REUTERS/Josue Decavele/File Photo
EmissionsEnvironmentFuelLegislationManufacturingUnited Nations

Fifth UN plastics treaty talks mired in division as halfway point approaches

Talks for an international plastics treaty face slow progress, raising doubts about...

Employees work on assembling vehicles at a plant of SAIC Volkswagen in Urumqi, Xinjiang Uighur Autonomous Region, China.
BusinessEconomyElectric Vehicles (EVs)ManufacturingTrade

VW confirms plans to exit Xinjiang operations after years of pressure

Volkswagen announced it will extend its partnership with SAIC to 2040 while...

A logo of the autonomous driving technology startup Pony.ai is seen on a screen during an event in Beijing, China.
AviationBusinessElectric Vehicles (EVs)

China’s robotaxi startup Pony AI raises $260 million in US IPO

Pony AI announced raising $260M in its U.S. IPO, valuing the China-based...

A busy highway with numerous vehicles in motion, showcasing a mix of cars and trucks under a clear sky.
AutomotiveBusinessElectric Vehicles (EVs)EmissionsTransport

Business Secretary to face MPs amid concerns over electric vehicle mandate

The Business Secretary told carmakers he was “profoundly concerned” about policies phasing...

Login into your Account

Please login to like, dislike or bookmark this article.