Transaction in Own Shares 25 September, 2024
Shell plc Share Buy-back Programme
On 25 September 2024, Shell plc (the ‘Company’) announced the purchase of a significant number of shares for cancellation as part of its ongoing share buy-back programme. The aggregated information on the shares purchased across different trading venues is as follows:
London Stock Exchange (LSE)
Date of purchase: 25/09/2024
Number of shares purchased: 905,000
Highest price paid: £25.7300
Lowest price paid: £25.2250
Volume weighted average price paid per share: £25.4532
Venue: LSE
Currency: GBP
Chi-X (CXE) & BATS (BXE)
No shares purchased on these venues on 25/09/2024
Xetra-Aktienkurs (XAMS)
Date of purchase: 25/09/2024
Number of shares purchased: 885,000
Highest price paid: €31.0200
Lowest price paid: €30.4850
Volume weighted average price paid per share: €30.7178
Venue: XAMS
Currency: EUR
CBOE DXE & TQEX
No shares purchased on these venues on 25/09/2024
These share purchases are part of the Company’s existing share buy-back programme announced on 1 August 2024, which includes both on- and off-market transactions.
Impact on Individuals
As a shareholder of Shell plc, the share buy-back programme can have various effects on you. With a decrease in the number of outstanding shares, the company’s earnings per share may improve, potentially leading to an increase in the stock price. Additionally, the buy-back programme indicates that the company believes its shares are undervalued, which can be seen as a positive signal for investors.
Impact on the Global Market
Shell plc’s share buy-back programme not only affects individual shareholders but also has implications for the broader market. The purchase of a large number of shares can impact the overall supply and demand dynamics in the stock market, potentially influencing market trends and investor sentiment. Furthermore, it reflects the company’s financial strength and confidence in its future performance, which can have ripple effects on the global economy.
Conclusion
The recent share purchases by Shell plc as part of its buy-back programme demonstrate the company’s strategic approach to capital management and commitment to enhancing shareholder value. While the immediate effects of the transactions may benefit individual investors and influence market dynamics, the long-term implications highlight Shell’s confidence in its business trajectory and potential impact on the global economy.
