Transaction in Own Shares 20 November, 2024

Shell plc Announces Share Purchase

On 20 November, 2024, Shell plc (the ‘Company’) announced that it purchased a significant number of shares for cancellation. The aggregated information on the shares purchased reveals interesting details about the transaction.

Shares Purchased Details:

Date of purchase: 20/11/2024

Number of Shares purchased: 1,135,000

Highest price paid: £25.7500

Lowest price paid: £25.4800

Volume weighted average price paid per share: £25.6041

Venue: LSE

Currency: GBP

Additionally, 774,000 shares were purchased in Euros on XAMS at €31.0937 per share. These share purchases are a part of the Company’s existing share buy-back programme that was announced on 31 October 2024.

How Will This Affect Me?

As a shareholder of Shell plc, this transaction could have an impact on the value of your shares and potentially on your dividends. It is important to stay informed about the company’s buy-back programmes and financial decisions to understand how they may affect your investment.

How Will This Affect the World?

Shell plc’s share purchase and cancellation could have broader implications on the stock market and investor sentiment. It is essential to monitor how such transactions impact the overall market and the energy sector as a whole.

Conclusion

In conclusion, Shell plc’s recent share purchase for cancellation is a significant financial decision that could have implications for both shareholders and the wider market. It is crucial for stakeholders to closely follow the company’s actions and performance to make informed decisions about their investments.