Transaction in Own Shares 19 November, 2024

Shell plc Announces Share Purchase

Details of Shares Purchased

Shell plc (the ‘Company’) announces that on 19 November 2024 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

Date of purchase: 19/11/2024

Number of Shares purchased: 1,350,000

Highest price paid: £26.0200

Lowest price paid: £25.6650

Volume weighted average price paid per share: £25.7868

Trading Venue: LSE

Currency: GBP

Additionally, 800,000 shares were purchased in Euro on XAMS at €31.1738 per share.

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.

How Does This Share Purchase Affect Me?

As a shareholder of Shell plc, the share buy-back programme could potentially increase the value of remaining shares by reducing the total number of shares outstanding. This action may also signal confidence in the company’s financial health and future prospects.

How Does This Share Purchase Affect the World?

Shell plc’s share buy-back programme could have broader implications for the financial markets as a whole, influencing investor sentiment and impacting market trends. Additionally, this move may reflect the company’s strategic decisions in response to market conditions and economic factors.

Conclusion

In conclusion, Shell plc’s recent share purchases for cancellation demonstrate the company’s commitment to enhancing shareholder value and its confidence in the future. This action may have ripple effects in the financial markets and contribute to shaping the company’s overall performance in the coming months.