Transaction in Own Shares 05 December, 2024

Shell plc Announcement

Shell plc (the ‘Company’) recently announced on 05 December 2024 that it purchased a significant number of shares for cancellation. This move is part of the Company’s existing share buy-back program that was previously announced on 31 October 2024. The aggregated information on shares purchased according to trading venues is as follows:

Shares Purchased Details

Date of purchase: 05/12/2024

Number of Shares purchased: 1,245,200

Highest price paid: £25.2000

Lowest price paid: £24.9000

Volume weighted average price paid per share: £25.0211

Venue: LSE

Currency: GBP

Additionally, 819,800 shares were purchased in Euro currency on XAMS trading venue on the same date.

This strategic purchase of shares further strengthens the Company’s position in the market and demonstrates confidence in its growth prospects.

Impact on Individuals

For individual investors, this share buy-back program could potentially lead to a decrease in the total number of outstanding shares, which may result in an increase in the earnings per share (EPS) for existing shareholders. This could also indicate the Company’s effort to return value to its shareholders.

Global Impact

On a global scale, Shell plc’s decision to repurchase its shares could influence investor sentiment towards the energy sector as a whole. It also reflects the Company’s commitment to managing its capital structure efficiently and optimizing shareholder returns.

Conclusion

In conclusion, Shell plc’s recent transaction in own shares on 05 December, 2024 marks a strategic move to enhance shareholder value and reaffirm its financial stability in the market. This decision could have a positive impact on both individual investors and the global energy sector as a whole.