Transaction in Own Shares
Shell plc (NYSE:SHEL) has executed significant share repurchases across multiple trading venues on July 10, 2025, as part of its previously announced buyback program. The company acquired a total of 680,000 shares in GBP across LSE, Chi-X, and BATS venues, with prices ranging from 拢26.25 to 拢26.65. Additionally, 660,000 shares were purchased in EUR across XAMS, CBOE DXE, and TQEX venues, with prices between 鈧�30.51 and 鈧�31.00.
The purchases are part of Shell's share buyback programme announced on May 2, 2025, managed independently by BNP PARIBAS SA until July 25, 2025. The program includes both on-market and off-market components, conducted in accordance with UK Listing Rules and Market Abuse Regulations.
Shell plc (NYSE:SHEL) ha effettuato significativi riacquisti di azioni su diversi mercati il 10 luglio 2025, nell'ambito del programma di buyback precedentemente annunciato. La societ脿 ha acquistato un totale di 680.000 azioni in GBP sui mercati LSE, Chi-X e BATS, con prezzi compresi tra 拢26,25 e 拢26,65. Inoltre, sono state acquistate 660.000 azioni in EUR sui mercati XAMS, CBOE DXE e TQEX, con prezzi tra 鈧�30,51 e 鈧�31,00.
Gli acquisti fanno parte del programma di riacquisto azionario di Shell annunciato il 2 maggio 2025, gestito in modo indipendente da BNP PARIBAS SA fino al 25 luglio 2025. Il programma comprende componenti sia di mercato che fuori mercato, condotti in conformit脿 con le UK Listing Rules e le Market Abuse Regulations.
Shell plc (NYSE:SHEL) realiz贸 importantes recompras de acciones en varios mercados el 10 de julio de 2025, como parte de su programa de recompra previamente anunciado. La compa帽铆a adquiri贸 un total de 680.000 acciones en GBP en las bolsas LSE, Chi-X y BATS, con precios que oscilaron entre 拢26,25 y 拢26,65. Adem谩s, se compraron 660.000 acciones en EUR en los mercados XAMS, CBOE DXE y TQEX, con precios entre 鈧�30,51 y 鈧�31,00.
Estas compras forman parte del programa de recompra de acciones de Shell anunciado el 2 de mayo de 2025, gestionado de forma independiente por BNP PARIBAS SA hasta el 25 de julio de 2025. El programa incluye componentes tanto en mercado como fuera de mercado, realizados conforme a las UK Listing Rules y las Market Abuse Regulations.
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Shell plc (NYSE:SHEL) a r茅alis茅 d'importants rachats d'actions sur plusieurs places boursi猫res le 10 juillet 2025, dans le cadre de son programme de rachat d'actions pr茅c茅demment annonc茅. La soci茅t茅 a acquis un total de 680 000 actions en GBP sur les march茅s LSE, Chi-X et BATS, 脿 des prix allant de 拢26,25 脿 拢26,65. De plus, 660 000 actions ont 茅t茅 achet茅es en EUR sur les places XAMS, CBOE DXE et TQEX, 脿 des prix compris entre 鈧�30,51 et 鈧�31,00.
Ces achats font partie du programme de rachat d'actions de Shell annonc茅 le 2 mai 2025, g茅r茅 de mani猫re ind茅pendante par BNP PARIBAS SA jusqu'au 25 juillet 2025. Le programme comprend des composantes sur march茅 et hors march茅, men茅es conform茅ment aux r猫gles de cotation britanniques (UK Listing Rules) et au r猫glement sur les abus de march茅 (Market Abuse Regulations).
Shell plc (NYSE:SHEL) hat am 10. Juli 2025 im Rahmen seines zuvor angek眉ndigten R眉ckkaufprogramms an mehreren Handelspl盲tzen bedeutende Aktienr眉ckk盲ufe durchgef眉hrt. Das Unternehmen erwarb insgesamt 680.000 Aktien in GBP an den Handelspl盲tzen LSE, Chi-X und BATS, zu Preisen zwischen 拢26,25 und 拢26,65. Zus盲tzlich wurden 660.000 Aktien in EUR an den Handelspl盲tzen XAMS, CBOE DXE und TQEX zu Preisen zwischen 鈧�30,51 und 鈧�31,00 gekauft.
Die K盲ufe sind Teil des am 2. Mai 2025 angek眉ndigten Aktienr眉ckkaufprogramms von Shell, das bis zum 25. Juli 2025 unabh盲ngig von BNP PARIBAS SA verwaltet wird. Das Programm umfasst sowohl Markt- als auch au脽erb枚rsliche Komponenten und wird gem盲脽 den UK Listing Rules und den Market Abuse Regulations durchgef眉hrt.
- Ongoing execution of share buyback program demonstrates strong commitment to returning value to shareholders
- Multi-venue purchase strategy ensures efficient price execution and market liquidity
- Independent management by BNP PARIBAS SA ensures transparent and compliant execution
- Significant cash expenditure on buybacks could impact available capital for operations or investments
Insights
Shell's ongoing share buyback program demonstrates strategic capital allocation and potential shareholder value enhancement through EPS improvement.
Shell's latest share buyback transaction continues its previously announced repurchase program, with 1,340,000 total shares purchased across multiple trading venues on July 10. The company paid between
This repurchase activity represents part of Shell's broader program announced on May 2, 2025, which runs through July 25, 2025. The program includes both on-market and off-market components, with BNP PARIBAS making independent trading decisions within preset parameters.
Share buybacks typically signal three key implications: First, they indicate management's confidence in company fundamentals and belief the stock may be undervalued. Second, by reducing outstanding shares, they can enhance earnings per share metrics. Third, they return capital to shareholders in a tax-efficient manner compared to dividends. For energy majors like Shell, buybacks often reflect strong cash generation capabilities and disciplined capital allocation despite the cyclical nature of the industry.
These ongoing repurchases suggest Shell maintains robust cash flows, likely supported by its integrated business model across upstream production, downstream refining, and trading operations. The company appears to be balancing between reinvestment for future growth and returning value to shareholders through this capital allocation strategy.
Transaction in Own Shares
10 July, 2025
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Shell plc (the 鈥楥ompany鈥�) announces that on 10 July, 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 |
| 10/07/2025 | 443,503 | LSE | GBP | |||
| 10/07/2025 | 149,501 | Chi-X (CXE) | GBP | |||
| 10/07/2025 | 86,996 | BATS (BXE) | GBP | |||
| 10/07/2025 | 392,780 | XAMS | EUR | |||
| 10/07/2025 | 220,908 | CBOE DXE | EUR | |||
| 10/07/2025 | 46,312 | 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 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鈥檚 general authority to repurchase shares on-market. The off-market limb will be effected in accordance with the Company鈥檚 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 (鈥淓U MAR鈥�) and EU MAR as 鈥渙nshored鈥� 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 (鈥淯K MAR鈥�) and the Commission Delegated Regulation (EU) 2016/1052 (the 鈥淓U MAR Delegated Regulation鈥�) and the EU MAR Delegated Regulation as 鈥渙nshored鈥� 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鈥檚 own shares
Attachment
FAQ
How many shares did Shell (SHEL) purchase on July 10, 2025?
What is the price range of Shell's share buyback on July 10, 2025?
Who is managing Shell's buyback program and until when?
What regulations govern Shell's share buyback program?
Which trading venues did Shell use for its share buyback?
