Transaction in Own Shares 01 November, 2024

Shell plc Announces Share Purchase for Cancellation

Shell plc (the ‘Company’) announces that on 01 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue:

Date of purchase: 01/11/2024

Number of Shares purchased: 840,000

Highest price paid: £26.2400

Lowest price paid: £25.8350

Volume weighted average price paid per share: £25.9779

Venue: LSE, Currency: GBP

Date of purchase: 01/11/2024

Number of Shares purchased: 625,000

Highest price paid: €31.4500

Lowest price paid: €31.0400

Volume weighted average price paid per share: €31.2768

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.

Impact on Individuals:

As an individual shareholder, the share buy-back program may lead to an increase in the value of your remaining shares due to a decrease in the total number of shares outstanding. This could potentially result in higher returns for you as a shareholder.

Impact on the World:

Shell plc’s share buy-back program could have broader implications for the global economy and financial markets. By reducing the number of shares in circulation, the company may be signaling confidence in its financial position and future prospects, which could positively impact investor sentiment and the overall market.

Conclusion:

Overall, Shell plc’s transaction in own shares on 01 November 2024 reflects the company’s strategic decision to optimize its capital structure and enhance shareholder value. While the immediate effects of the share buy-back program may benefit individual investors and contribute to positive market sentiment, the long-term implications on the world economy remain to be seen.