Shell plc Announces Share Repurchase Programme Update

Shell plc has purchased 1,445,269 shares for cancellation under its existing share buy-back program. The shares were bought on various trading venues, with the highest price paid at £26.7500 and the lowest at £26.3650. The volume-weighted average price paid per share was £26.5944. The purchases form part of the on- and off-market limbs of the company's share buy-back program.

Shell plc (NYSE: SHEL) has continued its share buyback program, repurchasing 1,445,269 shares for cancellation on July 2, 2025. The shares were acquired across various trading venues, with the highest price paid at £26.7500 and the lowest at £26.3650. The volume-weighted average price paid per share was £26.5944. These purchases are part of the company's ongoing share buy-back program, which was initially announced on July 31, 2025.

The buyback program is being managed independently by HSBC Bank plc, which will execute trades both on-market and off-market within pre-set parameters and in accordance with regulatory requirements. The program is expected to continue through October 24, 2025, and is conducted in compliance with Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU.

Shell's share buyback program aims to reduce the company's issued share capital, which can potentially enhance shareholder value by increasing earnings per share. This strategy also reflects the company's commitment to returning capital to shareholders alongside its dividend program. The execution of the program across multiple trading venues, including the London Stock Exchange, Chi-X, and European exchanges, demonstrates Shell's sophisticated approach to liquidity management.

The latest repurchase activity follows Shell's previous share buyback transactions on August 8, 2025, and August 6, 2025, where the company repurchased a total of 1,481,482 and 1,303,311 shares, respectively. These transactions are part of Shell's broader strategy to manage its share capital and potentially enhance shareholder value.

Shell's share buyback program is part of its broader strategy to manage its share capital and potentially enhance shareholder value. The company's net carbon intensity and net-zero emissions target remain key focus areas, reflecting its commitment to sustainability and environmental responsibility.

References:
[1] https://www.stocktitan.net/news/SHEL/transaction-in-own-5co921rttr1j.html
[2] https://www.ainvest.com/news/shell-announces-share-repurchase-programme-purchases-1-431-billion-shares-2508/
[3] https://www.stocktitan.net/news/SHEL/transaction-in-own-4uawn35c89aj.html