Charmingly Eccentric Blog Post

Transaction in Own Shares 30 August, 2024

Shell plc (the ‘Company’) announces share purchases

On 30 August 2024, Shell plc announced that it purchased a significant number of shares for cancellation. Here is the aggregated information on the shares purchased:

Date of purchase: 30/08/2024

Number of Shares purchased: 806,365

Highest price paid: £27.2900

Lowest price paid: £26.6900

Volume weighted average price paid per share: £26.9993

Venue: LSE

Currency: GBP

Additionally, share purchases were made in Euros on the XAMS trading venue. These purchases are part of Shell’s ongoing share buy-back programme announced on 1 August 2024.

This strategic move by Shell plc is aimed at optimizing its capital structure and returning value to its shareholders. Share buy-backs can result in increased earnings per share and a stronger stock price, benefiting investors in the long run.

Impact on Individuals

As a shareholder of Shell plc, the share buy-back programme may lead to enhanced earnings per share and potentially higher stock prices. This could result in increased returns on your investment in the company.

Global Impact

From a broader perspective, Shell’s share purchases could impact the global financial markets. Positive developments in the company’s share price and earnings per share could boost investor confidence and have a ripple effect on the overall market sentiment.

Conclusion

In conclusion, Shell plc’s recent share buy-backs demonstrate its commitment to creating value for shareholders and optimizing its capital structure. This strategic move has the potential to benefit both individual investors and the global financial markets.