What is being done (JO:) To Your Assignments
14 November, 2024
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Shell (LON:) plc (the ‘Company’) announces that on 14 November 2024 it has purchased the following number of Shares for cancellation.
Aggregate information on shares purchased by trading venue:
| Purchase date | Number of Shares purchased | The highest price paid | The minimum amount paid | Average volume paid per share | Location | Money |
| 14/11/2024 | 1,637,700 | £25.4500 | £25.1300 | £25.3326 | The LSE | GBP |
| 14/11/2024 | – | £0.0000 | £0.0000 | £0.0000 | Chi-X (CXE) | GBP |
| 14/11/2024 | 500,000 | £25.4500 | £25.1300 | £25.3327 | Bats (BXE) | GBP |
| 14/11/2024 | 1,416,900 | €30.9750 | €30.6100 | €30.8284 | XAMS | EUR |
| 14/11/2024 | 10,544 | €30.7150 | €30.6150 | €30.6667 | CBOE DXE | EUR |
| 14/11/2024 | – | €0.0000 | €0.0000 | €0.0000 | TQEX | EUR |
These share buybacks are part of the on- and off-market components of the Company’s existing share repurchase program which was previously announced on 31 October 2024.
Regarding this program, Citigroup (NYSE:) Global Markets Limited will make trading decisions in respect of securities outside the Company for the period from 31 October 2024 up to and including 24 January 2025.
The share market will operate within certain pre-set limits and in accordance with the Company’s general right to repurchase shares in the market. The over-the-counter portion will be exercised pursuant to the Company’s general authority to repurchase shares off-market in accordance with the over-the-counter repurchase agreement approved by its shareholders and the pre-set limits set forth therein. The program will be conducted in accordance with Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU relating to buy-back arrangements (EU MAR) and the EU MAR as it has been incorporated into UK law from the end Brexit transition period (11:00 pm on 31 December 2020) on the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, replaced. or in lieu of 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 Commission Delegated Regulation (EU ) 2016/ 1052 (the EU MAR Delegated Regulation) and the EU MAR Delegated Regulation as they have been incorporated into UK law since the end of the transition period of Brexit (at 11:00 pm on 31 December 2020) by the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, suspended or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, Market Manipulation (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time.
In accordance with EU MAR and UK MAR, a description of individual trades carried out by Citigroup Global Markets Limited on behalf of the Company as part of the repurchase program is detailed below.
Questions
Media International: +44 (0) 207 934 5550
Media Americas: +1 832 337 4335
Shell plc’s LEI number: 21380068P1DRHMJ8KU70
Demerger: Acquisition or disposal of shares by the issuer itself
- RNS template 14-Nov-24 – completed
Source: Shell plc
