Transaction in Own Shares 07 November, 2024

Shell plc Announces Share Purchase and Cancellation

Aggregated Information on Shares Purchased

Shell plc (the ‘Company’) announces that on 07 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue:

Date of purchase: 07/11/2024

Number of Shares purchased: 1,034,291

Highest price paid: £26.2900

Lowest price paid: £26.0050

Volume weighted average price paid per share: £26.1342

Trading 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 31 October 2024.

Impact on Individuals

As an individual shareholder, the share cancellation could potentially lead to a decrease in the total number of shares in circulation, which may increase the value of the remaining shares you hold in the company.

Impact on the World

The share buy-back programme initiated by Shell plc could have broader implications for the world economy, as it signals the company’s confidence in its financial stability and future growth prospects. This could positively impact investor sentiment and contribute to overall market confidence.

Conclusion

In conclusion, Shell plc’s transaction in own shares on 07 November 2024 reflects a strategic move by the company to enhance shareholder value and demonstrate financial strength. The impact of these share purchases may vary for individuals and the global economy, but overall, it signifies a positive outlook for the company and its stakeholders.