Transaction in Own Shares 20 September, 2024

Shell plc Announces Purchase of Shares

Shell plc (the ‘Company’) announces that on 20 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue:

Date of purchase

20/09/2024

Number of Shares purchased

898,705

Highest price paid

£25.7950

Lowest price paid

£25.4950

Volume weighted average price paid per share

£25.6351

Venue

LSE

Currency

GBP

These share purchases form part of the on- and off-market limbs of the Company’s existing share buy-back programme previously announced on 1 August 2024.

Now, let’s take a closer look at how this transaction in own shares may impact individual investors like you and the global market.

Effects on Individual Investors

For individual investors, this share buy-back program indicates that the Company is using its resources to repurchase its own shares, which can lead to an increase in the value of the remaining outstanding shares. This could potentially boost the overall performance of the Company’s stock and provide a positive return for shareholders.

Effects on the Global Market

On a larger scale, Shell plc’s purchase of its own shares can have implications for the global market. It could signal to investors and financial markets that the Company believes its stock is undervalued and could lead to increased confidence in the Company’s financial health. This, in turn, may have a ripple effect on other companies in the same industry or market sector.

Conclusion

In conclusion, Shell plc’s transaction in own shares on 20 September, 2024 reflects the Company’s strategic decision to enhance shareholder value and potentially influence the global market. Individual investors may benefit from the positive impact on the Company’s stock performance, while the broader market could experience shifts in investor sentiment and confidence.