Transaction in Own Shares 04 November, 2024
Shell plc Share Purchase Announcement
Shell plc (the ‘Company’) announces that on 04 November 2024 it purchased the following number of Shares for cancellation.
Aggregated information on Shares purchased according to trading venue:
Date of purchase: 04/11/2024
Number of Shares purchased: 1,200,000
Highest price paid: £26.1850
Lowest price paid: £25.9650
Volume weighted average price paid per share: £26.0547
Trading Venue: LSE
Currency: GBP
Further shares were purchased on other trading venues such as Chi-X (CXE), BATS (BXE), XAMS, CBOE DXE, and TQEX.
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 investor, the share purchase and cancellation by Shell plc may affect the stock price and potentially lead to changes in your investment portfolio. It is recommended to stay updated with company announcements and financial news for better decision making.
Impact on the World:
The share purchase and cancellation by Shell plc can impact the overall stock market and investor sentiment. It reflects the company’s strategy and financial health, which in turn can influence global market trends and investor confidence.
Conclusion
In conclusion, Shell plc’s transaction in own shares on 04 November, 2024 is a strategic move as part of their share buy-back programme. It is essential for investors to monitor such activities for potential implications on their investments and the broader market.