Transaction (JO:) in own shares
December 30, 2024
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Shell (LON:) plc (˜the Company’) announces that it has purchased the following number of Cancellation Shares on 30 December 2024.
Aggregate data on Shares purchased by place of trading:
| Date of purchase | Number of shares purchased | Highest price paid | Lowest price paid | Volume-weighted average price paid per share | Place of action | Currency |
| 30.12.2024 | 925,000 | 24.4900 pounds | 24.2850 pounds | 24.4145 pounds | LSE | GBP |
| 30.12.2024 | – | £0.0000 | £0.0000 | £0.0000 | Chi-X (CXE) | GBP |
| 30.12.2024 | – | £0.0000 | £0.0000 | £0.0000 | SHISISHI (BXE) | GBP |
| 30.12.2024 | 567,000 | 29.8250 euros | 29.5800 euros | 29.7394 euros | XAMS | EUR |
| 30.12.2024 | – | €0.0000 | €0.0000 | €0.0000 | CBOE DXE | EUR |
| 30.12.2024 | – | €0.0000 | €0.0000 | €0.0000 | TQEX | EUR |
These share purchases are part of the market and off-market parts of the Company’s existing share buyback program previously announced on October 31, 2024.
With respect to this program, Citigroup (NYSE:) Global Markets Limited will make securities trading decisions independently of the Company for the period from October 31, 2024 to and including January 24, 2025.
The market part will be carried out within certain pre-set parameters and in accordance with the general authorization of the Company for the purchase of shares on the market. The off-market portion will be executed pursuant to the Company’s general off-market share repurchase authorization in accordance with the off-market repurchase agreement approved by its shareholders and the pre-set parameters set forth therein. The scheme will be implemented 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 schemes (EU MAR) and EU MAR which was incorporated into UK law from the end of the Brexit transition period (at 23:00 on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union Act (Withdrawal Agreement) 2020) and as amended, supplemented, restated, renewed, replaced or superseded by the Financial Services Act 2021 and relevant statutory instruments (including the Market Abuse (Amendment) (Withdrawal from the EU) Regulations (SI 2019 /310)), from time to time (UK MAR) and Commission Delegated Regulation (EU) 2016/1052 (EU MAR Delegated Regulation) and the EU MAR Delegated Regulation which has been incorporated into UK law from the end of the Brexit transition period (at 23:00 on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended and as amended by the Law on the European Union (Withdrawal Agreement) from 2020) and amendments, occasionally amended, updated, replaced or replaced by the Financial Services Act 2021 and relevant statutory instruments (including the Market Abuse (Amendment) (Withdrawal from the EU) Regulations (SI 2019/310).
In accordance with EU MAR and UK MAR, a breakdown of the individual trades executed by Citigroup Global Markets Limited on behalf of the Company as part of the redemption program is detailed below.
Queries
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Shell plc LEI number: 21380068P1DRHMJ8KU70
Classification: Acquisition or disposal of the issuer’s own shares
- RNS template 30 Dec 24 – completed
Source: Shell plc
