Transaction in Own Shares 06 December, 2024

Shell plc Announces Share Purchase

Shell plc (the ‘Company’) announces that on 06 December 2024 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

Date of purchase: 06/12/2024

Number of Shares purchased: 1,326,000

Highest price paid: £25.1150

Lowest price paid: £24.6900

Volume weighted average price paid per share: £24.9072

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.

How Will This Affect Me?

As a shareholder of Shell plc, this share purchase for cancellation may lead to a decrease in the number of outstanding shares, potentially increasing the value of each remaining share.

How Will This Affect the World?

Although the impact may be minimal on a global scale, share buy-back programs like this can influence market sentiment and investor confidence in the company, ultimately affecting the overall financial market.

Conclusion

In conclusion, Shell plc’s announcement of share purchases for cancellation signifies a strategic move in their share buy-back programme, impacting both individual shareholders and the broader financial landscape.