- Shell plc (SHEL, Financial) continues its share buyback program, repurchasing a total of 1.45 million shares on April 17, 2025.
- The buyback program reflects Shell's commitment to shareholder returns, with purchases on the London Stock Exchange (LSE) and Amsterdam (XAMS).
- Managed by Natixis, the ongoing program is set to conclude on April 25, 2025.
On April 17, 2025, Shell plc (SHEL) executed a substantial share buyback transaction as part of its continued effort to return capital to shareholders. Shell repurchased a total of 1.45 million shares, comprising 900,000 shares on the London Stock Exchange at prices between £24.07 and £24.505, with a volume-weighted average price of £24.2784. Additionally, 550,000 shares were acquired on the Amsterdam exchange at prices ranging from €28.215 to €28.70, averaging €28.4823 per share.
The buyback is a segment of Shell's ongoing repurchase program, initially announced on January 30, 2025. This initiative is independently managed by Natixis and is set to operate until April 25, 2025. It adheres to UK Listing Rules, EU Market Abuse Regulation (MAR), and UK MAR standards, reflecting Shell's disciplined approach to capital allocation.
For investors, this buyback underscores Shell's robust financial position and its objective to enhance shareholder value by reducing its share count. Such actions not only bolster share price metrics but also convey the company's confidence in its long-term cash flow generation, even in volatile energy markets.
