Transaction in Own Shares 13 December, 2024
Shell plc Announces Share Purchase Details
Shell plc (the ‘Company’) announces that on 13 December 2024 it purchased the following number of Shares for cancellation:
Aggregated information on Shares purchased according to trading venue:
| Date of purchase | Number of Shares purchased | Highest price paid | Lowest price paid | Volume weighted average price paid per share | Venue | Currency |
|---|---|---|---|---|---|---|
| 13/12/2024 | 1,250,000 | £25.1900 | £24.9250 | £25.0688 | LSE | GBP |
| 13/12/2024 | – | £0.0000 | £0.0000 | £0.0000 | Chi-X (CXE) | GBP |
| 13/12/2024 | – | €0.0000 | €0.0000 | €0.0000 | CBOE DXE | EUR |
These share purchases form part of the on- and off-market limbs of the Company’s existing share buy-back programme previously announced on 31 October 2024.
Analysis of Share Purchase Impact
Share buy-back programs like the one announced by Shell plc can have various implications for stakeholders. From a shareholder perspective, it can signal that the company believes its stock is undervalued and can lead to an increase in earnings per share for existing shareholders. However, it can also reduce the company’s equity capital and potentially limit future growth opportunities.
Additionally, the timing and execution of share buy-back programs can impact the overall stock market sentiment and investor confidence in the company’s financial health and stability.
How This Share Purchase Will Affect You
As an individual investor, the share purchase and cancellation by Shell plc may not have a direct impact on you unless you are a current shareholder of the company. In that case, the share buy-back could potentially lead to an increase in the value of your shares due to a reduced number of outstanding shares in the market.
Global Implications of Share Buy-Back Programs
Share buy-back programs are common among publicly traded companies worldwide and can have global implications. They can influence stock market trends, investor behavior, and overall market stability. For multinational companies like Shell plc, share buy-back decisions can affect international investors, regulatory bodies, and financial markets in various countries.
Conclusion
In conclusion, the share purchase and cancellation announced by Shell plc on 13 December, 2024, are part of their ongoing share buy-back program. While this move may impact shareholders and market sentiment, the full extent of its effects will depend on various factors such as market conditions, investor reactions, and the company’s financial performance going forward.
