- Shell plc (SHEL, Financial) completes a share buyback of 1,657,426 shares worth approximately £24.50 and €28.84 each.
- The buyback program, managed by Natixis, concluded on April 25, 2025.
- The repurchase was executed under strict regulatory compliance across multiple trading venues.
Shell plc (SHEL) has completed its latest share buyback transaction as part of the company's ongoing capital return strategy. On April 25, 2025, Shell reacquired a total of 1,657,426 shares, marking the final day of the buyback program announced earlier this year on January 30. The shares were purchased across various trading platforms, with a notable 933,346 shares acquired in British pounds on the London Stock Exchange and other UK markets at an average weighted price of approximately £24.50. Additionally, 724,080 shares were repurchased in euros on European platforms at an average price close to €28.84 per share.
This buyback initiative was managed independently by Natixis, ensuring transparency and adherence to predetermined parameters. The execution covered both on-market and off-market transactions, aligning with the regulatory frameworks of the UK Listing Rules and the Market Abuse Regulations, reflecting a structured approach to capital management.
The strategic share repurchase effort underscores Shell's commitment to returning capital to shareholders effectively while maintaining market liquidity. By reducing the number of shares outstanding, Shell aims to potentially enhance its earnings per share. This buyback serves as a complementary capital allocation strategy alongside traditional dividend payments, particularly viable for energy giants when supported by favorable cash flows and commodity prices.
