Shell PLC Embarks on Significant Share Buyback Effort

Shell plc repurchased 1.69 million shares on July 25, 2025, as part of a buyback program aimed at optimizing capital structure and enhancing shareholder value. The repurchased shares were acquired across various exchanges with prices ranging from £26.4650 to £26.7600 in GBP and €30.4800 to €30.8700 in EUR. The buyback is part of a larger initiative managed by BNP PARIBAS SA and adheres to regulatory guidelines.

Shell plc (the ‘Company’) announced on July 25, 2025, that it repurchased a total of 1.69 million shares as part of its ongoing share buyback program. The repurchase activity is part of a broader initiative aimed at optimizing the company's capital structure and enhancing shareholder value. The shares were acquired across various exchanges, including the London Stock Exchange (LSE), Chi-X (CXE), BATS (BXE), XAMS, CBOE DXE, and TQEX.

The repurchased shares were acquired at prices ranging from £26.4650 to £26.7600 in British Pounds (GBP) and from €30.4800 to €30.8700 in Euros (EUR). The buyback program, managed independently by BNP PARIBAS SA, operates from May 2, 2025, through July 25, 2025, and adheres to regulatory guidelines set forth by the UK Listing Rules and the Market Abuse Regulation (EU MAR).

The on-market limb of the buyback program is executed within certain pre-set parameters and in accordance with Shell's general authority to repurchase shares on-market. The off-market limb is effected in accordance with the Company’s general authority to repurchase shares off-market pursuant to an off-market buyback contract approved by its shareholders. The program is conducted in compliance with Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU.

Shell plc continues to execute its share buyback program, which aims to reduce the number of outstanding shares, thereby increasing earnings per share and return on equity metrics. This systematic buyback activity demonstrates Shell's commitment to returning capital to shareholders in a tax-efficient manner while expressing confidence in the company's valuation. The detailed disclosure of trading venues, prices, and regulatory compliance reflects transparency in capital allocation decisions, which is generally viewed positively by investors.

References:
[1] https://www.stocktitan.net/news/SHEL/transaction-in-own-gua966njhyfd.html
[2] https://finance.yahoo.com/news/bekaert-share-buyback-program-liquidity-061500690.html
[3] https://shell.gcs-web.com/news-releases/news-release-details/transaction-own-shares-1304
[4] https://www.stocktitan.net/news/SHEL/transaction-in-own-wit4b7yec3lh.html