Shell plc (SHEL) executed a significant share buyback, acquiring 1,291,028 shares on August 29, 2025. The shares were repurchased across multiple trading venues at prices reaching £27.47 on UK venues and €31.75 in Europe. This is part of Shell's previously announced repurchase program from July 31 to October 24, 2025, managed independently by HSBC Bank plc. The program aims to enhance shareholder value by reducing the number of shares outstanding and potentially boosting earnings per share.
Shell plc (NYSE: SHEL) executed a substantial share buyback on August 29, 2025, acquiring 1,291,028 shares. The buyback was conducted across multiple trading venues, with prices reaching £27.47 on UK venues and €31.75 in Europe. This transaction is part of Shell's ongoing repurchase program, which was announced on July 31, 2025, and is scheduled to continue until October 24, 2025 [1][2][3].
The buyback program is being managed independently by HSBC Bank plc, which is executing the trades following pre-set parameters and regulatory requirements under UK and EU market abuse regulations. The program consists of both on-market and off-market components, with the on-market limb being executed within certain pre-set parameters and in accordance with Shell's general authority to repurchase shares on-market. The off-market limb is being executed in accordance with Shell's general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein [1][2][3].
Shell's share buyback program aims to enhance shareholder value by reducing the number of shares outstanding, which can potentially boost earnings per share. The program operates under strict regulatory frameworks, including UK Listing Rules, Market Abuse Regulations, and relevant Brexit transition legislation [1][2][3].
For investors, the continued execution of the buyback program provides certainty around capital allocation priorities and demonstrates Shell's commitment to its previously announced shareholder return framework.
References:
[1] https://www.stocktitan.net/news/SHEL/transaction-in-own-o8byxniw4gr2.html
[2] https://www.stocktitan.net/news/SHEL/transaction-in-own-cua7n9uepp4s.html
[3] https://www.morningstar.com/news/globe-newswire/1001125373/transaction-in-own-shares
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