- Shell plc (SHEL, Financial) executed a notable share buyback transaction on April 16, 2025, purchasing 1.25 million shares.
- The buyback program, managed by Natixis, will conclude on April 25, 2025.
- Transactions complied with UK and EU Market Abuse Regulations.
On April 16, 2025, Shell plc (SHEL) advanced its share buyback strategy by acquiring a total of 1.25 million shares across various trading venues. This includes the purchase of 800,000 shares from UK platforms like LSE, Chi-X, and BATS at prices ranging from £23.55 to £24.40. Concurrently, Shell acquired 450,000 shares from European exchanges such as XAMS and CBOE DXE, with transaction prices between €27.70 and €28.59.
The ongoing buyback program, initiated on January 30, 2025, is independently managed by Natixis and adheres strictly to the regulatory frameworks, including UK Listing Rules and Market Abuse Regulations (MAR). This initiative is slated to continue until April 25, 2025, leveraging both on-market and off-market purchase strategies.
Shell's recent buyback activities underscore a robust commitment to enhancing shareholder value by reducing outstanding shares, which may potentially boost earnings per share. These transactions reflect Shell's strategic capital management approach, aligning with its broader financial goals and market conditions. For investors, this buyback program is a clear signal of confidence from Shell's management in the company's financial health and market position.
