Shell plc (SHEL) has announced a share buyback to take place on 24 December 2024 as part of its ongoing share buyback programme. The company bought 1,045,000 shares on the London Stock Exchange at prices between £24.1950 and £24.3700, with a volume weighted average price of £24.3179. Additionally, 658,000 shares were purchased on XAMS at prices between EUR 29.4550 and EUR 29.6600, with a volume weighted average price of EUR 29.5978.
These purchases are part of Shell’s share buyback program announced on 31 October 2024 and will continue until 24 January 2025. Citigroup Global Markets independently executes trades within pre-set parameters in accordance with UK listing rules and market abuse regulations. Rules.
Shell plc (SHEL) announces that it will participate in its buyback program on 24 December 2024. The purchase price was £1,045,000, Bolsa di Londra and Prezzi Compresi Tora £24.1950 and £24.3700, Prezzo Medio Ponderato price per volume £24.3179. Prezzi Compresitra €29.4550 and €29.6600 at XAMS, Prezzi Medio Ponderato Volume di Euro 29.5978 for a total of $658,000.
Shell’s announcement continues on October 31, 2024 and 24/2025. Citigroup Global Markets begins operations in a unique manner that adheres to predefined parameters. Ammissione nel Regno Unito e le Regolamentazioni contro l’Abuso di Mercato.
Shell plc (SHEL) announced its actual recalculation program on 24/24/2024. There are 1,045,000 deals in Bolsa de Londres, including the rare Promedio Ponderado for £24.1950, £24.3700 and £24.3179. Comparing 658,000 axions in XAMS costs 29.4550 euros and 29.6600 euros and costs 29.5978 euros.
Shell will recalculate the program on October 31, 2024, and will continue to do so from 2025 onwards. Citigroup Global Markets will establish an independent management structure to maintain Parametros Prestablesidos. Comply with Reino Unido and Abso de Mercado regulations.
Shell plc (SHEL) on December 24, 2024. I want to know what I want to know. The price is £24.3179. The price is It costs €29.5978.
2024, 2025, 2025, 2025, 2025, 2025 It’s the 24th day. Citigroup Global Markets enters the market and enters the market. I want to know what I’m saying.
Shell plc (SHEL) will announce its implementation plan and implement a cool executive program on December 24, 2024. 1,045,000 actions on the Londres stock exchange were priced at 24.1950 GBP and 24.3700 GBP, with an average price of 24.3179 GBP. Furthermore, the prices of 658,000 actions in XAMS are 29.4550 EUR and 29.6600 EUR, with an average price of 29.5978 EUR.
Shell announcement will take place on October 31, 2024 and program announcement on January 24, 2025. Citigroup Global Markets performs independent manier trading on ex-ante parameter management. Adaptation of the Royaume-Uni and aux réglementations sur les abus de Marché.
Shell plc (SHEL) approves Aktienrückkauf bekannt gegeben and starts Teil seines laufenden Rückkaufprogramms on 24 December 2024. Das Unternehmen kaufte 1.045.000 Aktien an der Londoner Börse zu Preisen zwischen £24.1950 und £24.3700, mit einem volumengewichteten Durchschnittspreis von £24.3179. Darüber hinaus wurden 658.000 Aktien an XAMS zu Preisen zwischen €29.4550 und €29.6600 gekauft, mit einem volumengewichteten Durchschnittspreis von €29.5978.
Diese Käufe sind Teil des von Shell am 31. October 31, 2024, angekündigten Aktienrückkaufprogramms, das bis zum 24. January 2025 andauern wird. Citigroup Global Markets has transaction details available in our UK market research and market valuations.
positive
Ongoing share buyback program demonstrates strong capital return policy to shareholders Significant share purchases (1,045,000 LSE + 658,000 XAMS) demonstrate commitment to the program
insight
Shell’s latest share buyback activity represents a strategic capital deployment, with the company purchasing 1,045,000 shares on the London Stock Exchange at a volume-weighted average price of £24.3179 and 658,000 shares on Euronext Amsterdam at a volume-weighted average price of £29.5978. This execution is in line with the company’s previously announced share buyback program starting October 31, 2024.
The dual market approach (LSE and Euronext) demonstrates sophisticated financial management, leveraging the liquidity of both major trading venues. The tight price range of £24.1950 to £24.3700 in London and EUR 29.4550 to EUR 29.6600 in Amsterdam suggests that the block trade was executed properly with minimal impact on the market.
For investors, this means a continued commitment to shareholder returns through capital redistribution. Independent execution from Citigroup Global Markets increases process reliability and ensures compliance with market regulations and optimal pricing. A structured approach with preset parameters provides transparency and predictability to the market.
This planned share buyback represents effective balance sheet management by Shell. The total daily investment is approximately £44.5m, with significant capital return potential, reflecting strong cash flow generation. The timing and execution framework, which has been extended to January 24, 2025, demonstrates prudent planning to minimize market impact while maximizing shareholder value.
The post-Brexit regulatory compliance structure incorporating both the EU MAR and UK MAR frameworks represents a sophisticated legal architecture. Dual listing considerations and prudent execution parameters suggest a well-considered approach to capital market operations. The independent execution model through Citigroup adds a layer of governance that is particularly valued by institutional investors.
December 24, 2024 – 9:22am
Treasury stock trading
December 24, 2024
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Shell plc (the “Company”) announces that it has purchased the following number of shares for cancellation on 24 December 2024:
Aggregate information about stocks purchased by trading location:
Purchase date Number of shares purchased Highest price paid Lowest price paid Weighted average price paid per share Venue currency 2024/12/241,045,000 £24.3700 £24.1950 £24.3179LSEGBP24/12/2024- £0.0000 £0.0000 £0.0000Chi-X (CXE)GBP24/12/2024- £0.0000£0.0000£0.0000BATS (BXE)GBP24/12/2024658,000 €29.6600€29.4550€29.5978XAMSEUR24/12/2024- €0.0000€0.0000€0.0000CBOE DXEEUR24/12/2024- €0.0000€0.0000€0.0000TQEXEUR
These share buybacks form part of the on-market and off-market portions of the Company’s existing share buyback program, which was previously announced on October 31, 2024.
In connection with this program, Citigroup Global Markets Limited will make trading decisions regarding securities independently of the Company for the period from October 31, 2024 to January 24, 2025.
Market restrictions are made pursuant to the Company’s general authority to buy back shares in the market within certain pre-set parameters. Off-market restrictions are implemented pursuant to our general authority to repurchase shares off-market pursuant to off-market repurchase agreements approved by our stockholders and pre-established parameters therein. The Program is implemented in accordance with Chapter 9 of the UK Listing Regulations and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with Buy-Back Programs (“EU MAR”) and the EU MAR being “onshored” into UK law. From the end of the Brexit transition period (11pm on 31 December 2020) to the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and the Financial Services Act 2021 and related statutory instruments. amended, supplemented, amended, amended, replaced or replaced by the Market Abuse (Amendment) (Exit) 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 (“UK MAR”) and the European Commission Delegated Regulation (EU) 2016/1052 (“EU”) and the EU MAR Delegated Regulation. ) into UK law through the European Union (Withdrawal) Act 2018 (as amended by 2018). The European Union (Withdrawal Agreement) Act 2020), as amended, supplemented, amended, renewed, superseded or superseded by the Financial Services Act 2021 and related statutory instruments (Market Abuse (Amendment) (Withdrawal) Regulations (SI 2019/ 310)) from time to time.
A breakdown of the individual transactions entered into by Citigroup Global Markets Limited on its behalf as part of the repurchase program in accordance with the EU MAR and UK MAR is detailed below.
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Shell plc LEI number: 21380068P1DRHMJ8KU70
Classification: Acquisition or disposal of treasury stock of the issuing company
RNS Template December 24, 2024 – Completed
FAQ
How many shares did Shell (SHEL) buy back on December 24, 2024?
Shell purchased 1,045,000 shares on the London Stock Exchange and 658,000 shares on XAMS (Amsterdam) on 24 December 2024.
What is the price range for Shell’s (SHEL) share buyback on December 24, 2024?
On the London Stock Exchange, the stock was bought between 24.1950 and 24.3700 pounds, and on XAMS, the price range was between 29.4550 and 29.6600 euros.
When will Shell’s (SHEL) current share buyback program end?
The current share repurchase program announced on October 31, 2024 will continue until January 24, 2025.
Who is executing Shell (SHEL)’s share buyback transactions?
Citigroup Global Markets is making independent trading decisions regarding Shell’s share repurchase program.
