Transaction in Own Shares 26 November, 2024
Shell plc Announces Share Purchase for Cancellation
Shell plc (the ‘Company’) announces that on 26 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue:
Date of purchase: 26/11/2024
Number of Shares purchased: 1,400,000
Highest price paid: £25.7600
Lowest price paid: £25.4700
Volume weighted average price paid per share: £25.6076
Venue: LSE
Currency: GBP
Date of purchase: 26/11/2024
Number of Shares purchased: 867,000
Highest price paid: €31.1500
Lowest price paid: €30.7700
Volume weighted average price paid per share: €30.9344
Venue: XAMS
Currency: 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.
How This Transaction Affects You
As a shareholder of Shell plc, this share buy-back program could potentially increase the value of your remaining shares by reducing the overall number of shares outstanding.
How This Transaction Affects the World
Shell plc’s share buy-back program can impact the global financial markets by influencing stock prices and market trends. It also reflects the company’s financial health and strategy, which can have broader implications on the economy.
Conclusion
In conclusion, Shell plc’s transaction in own shares on 26 November, 2024 showcases the company’s commitment to enhancing shareholder value and strategic financial planning. This move not only benefits existing shareholders but also has a ripple effect on the global financial landscape.
