Shell plc Announces Share Buyback Programme Completion

Shell plc has purchased 1,040,086 shares for cancellation, with the highest price paid being £26.56 and the lowest price paid being £26.19. The shares were purchased on various trading venues, including the London Stock Exchange, Chi-X, BATS, and XAMS. The purchases form part of Shell's existing share buy-back programme announced on July 31, 2025. HSBC Bank plc will make trading decisions for the programme from July 31 to October 24, 2025.

Shell plc (NYSE: SHEL) has executed significant share repurchases across multiple trading venues on August 15, 2025, as part of its previously announced buyback program. The company acquired 1,040,086 shares for cancellation, with prices ranging from £26.19 to £26.56. These shares were purchased on various trading venues, including the London Stock Exchange, Chi-X, BATS, and XAMS.

The purchases form part of Shell's existing share buy-back program announced on July 31, 2025, which will continue until October 24, 2025. HSBC Bank plc is managing the trading decisions independently, operating within pre-set parameters for both on-market and off-market transactions.

This systematic capital return mechanism signals management's continued confidence in Shell's underlying business fundamentals and cash generation capabilities. By reducing the number of outstanding shares, Shell is effectively increasing earnings per share and potentially supporting share price stability.

The buyback implementation structure is noteworthy, with HSBC Bank making independent trading decisions within pre-established parameters. This arrangement, along with compliance with UK Listing Rules and Market Abuse Regulations, demonstrates Shell's commitment to proper governance in capital allocation decisions. The dual on-market and off-market approach provides Shell with flexibility in execution while maintaining regulatory compliance.

These share repurchases align with the broader trend among major energy companies using excess cash flow to reward shareholders through buybacks and dividends rather than solely pursuing production growth - reflecting the industry's focus on capital discipline and shareholder returns in the current energy market environment.

References:
[1] https://www.stocktitan.net/news/SHEL/transaction-in-own-ar8o3052510k.html