Shell plc has repurchased 1.5 million shares as part of its ongoing buyback program, with purchases made on August 15, 2025, across multiple platforms at variable prices. The share buyback program is managed independently by HSBC Bank plc and will run until October 24, 2025. The reduction in outstanding shares is expected to enhance earnings per share and positively influence share price stability.
Shell plc (NYSE: SHEL) has executed a significant share repurchase, acquiring approximately 1.5 million shares as part of its ongoing buyback program. The transactions were conducted on August 15, 2025, across multiple trading venues, including the London Stock Exchange (LSE), Chi-X, BATS, XAMS, and CBOE DXE platforms. The share repurchases were executed at prices ranging from £26.19 to £26.56 in GBP and €30.51 to €30.97 in EUR [1].
The buyback program, announced on July 31, 2025, will continue until October 24, 2025. HSBC Bank plc is managing the program independently, operating within pre-set parameters for both on-market and off-market transactions. This dual approach allows Shell to execute the buyback flexibly while maintaining regulatory compliance [1].
The share repurchases are part of Shell's broader strategy to return capital to shareholders. By reducing the number of outstanding shares, Shell aims to increase earnings per share and potentially support share price stability. This systematic capital return mechanism signals management's confidence in Shell's underlying business fundamentals and cash generation capabilities [1].
The buyback program aligns 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. This reflects the industry's focus on capital discipline and shareholder returns in the current energy market environment [1].
References:
[1] https://www.stocktitan.net/news/SHEL/transaction-in-own-ar8o3052510k.html
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