Transaction in Own Shares 29 November, 2024

Shell plc Announcement

Shell plc (the ‘Company’) announces that on 29 November 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue:

Date of purchase: 29/11/2024

Number of Shares purchased: 1,310,000

Highest price paid: £25.4000

Lowest price paid: £25.2200

Volume weighted average price paid per share: £25.3305

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 investor, the purchase and cancellation of shares by Shell plc could potentially affect your investment portfolio. The buy-back programme may lead to an increase in the value of the remaining shares as the supply decreases. It is important to monitor the company’s financial performance and stock prices to make informed decisions regarding your investments.

Impact on the World:

Shell plc’s transaction in its own shares can have broader implications on the financial market and economy as a whole. Share buy-backs can signal to investors that the company believes its stock is undervalued and can boost investor confidence. Additionally, the reduction in outstanding shares can potentially increase earnings per share and improve financial ratios, attracting more investors to the company.

Conclusion:

In conclusion, Shell plc’s recent purchase and cancellation of shares as part of its buy-back programme reflect the company’s strategy to optimize its capital structure and enhance shareholder value. Individual investors should stay informed about such transactions and consider their implications on their investment portfolios. On a larger scale, these actions can impact the financial market and economy, potentially influencing investor sentiment and company performance.