- Shell plc (SHEL, Financial) completed a 1.45 million share buyback on April 22, 2025, as part of its ongoing buyback program.
- The shares were purchased across UK and European venues with prices ranging from £24.21 to £24.425 and €28.395 to €28.62, respectively.
- The buyback program, executed by Natixis, is slated to continue through April 25, 2025.
Shell plc (SHEL) executed another phase of its strategic share buyback initiative on April 22, 2025, acquiring a total of 1.45 million shares for cancellation. This action aligns with the buyback program announced on January 30, 2025, under which the company aims to enhance shareholder value through consistent repurchases.
The repurchase included 900,000 shares acquired on UK trading platforms such as the London Stock Exchange (LSE), Chi-X, and BATS, with prices varying from £24.21 to £24.425. Meanwhile, 550,000 shares were bought on European exchanges like XAMS and CBOE DXE, with price ranges from €28.395 to €28.62.
These transactions have been conducted by Natixis, which is responsible for making independent trading decisions until the conclusion date of April 25, 2025. The buyback program is structured in compliance with UK Listing Rules, EU Market Abuse Regulations (MAR), and UK's onshored MAR framework.
With this recent purchase, Shell demonstrates its commitment to returning capital to shareholders while exhibiting efficient execution across multiple trading venues. The total transaction value is approximately $43 million, representing about 0.023% of Shell's market capitalization.
