Transaction in Own Shares 21 October, 2024

Shell plc Announces Share Purchase for Cancellation

Shell plc (the ‘Company’) announces that on 21 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue:

Date of purchase:

21/10/2024

Number of Shares purchased:

677,000

Highest price paid:

£25.6950

Lowest price paid:

£25.5100

Volume weighted average price paid per share:

£25.6066

Venue:

LSE

Currency:

GBP

These share purchases form part of the on- and off-market limbs of the Company’s existing share buy-back programme previously announced on 1 August 2024.

How will this affect me?

As a shareholder of Shell plc, the share buy-back programme may potentially lead to an increase in the value of your shares due to a reduction in the total number of shares outstanding.

How will this affect the world?

The share buy-back programme can have a ripple effect on the financial markets, influencing investor confidence and potentially impacting the overall economy.

Conclusion

Overall, Shell plc’s transaction in own shares on 21 October, 2024 demonstrates the company’s commitment to enhancing shareholder value and managing its capital structure efficiently.