Shell plc Files 6-K for Share Transactions

TL;DR

Shell plc filed a 6-K on March 1st detailing share transactions from Feb 1st.

AI Summary

Shell plc filed a Form 6-K on March 1, 2024, reporting transactions in its own shares that occurred on February 1, 2024. The filing is for the month of March 2024 and is pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934. Shell plc is incorporated in England and Wales with its principal executive office in London.

Why It Matters

This filing provides transparency on Shell's share buybacks or issuances, which can impact outstanding share count and potentially influence stock price.

Risk Assessment

Risk Level: low — This is a routine disclosure of share transactions and does not indicate any immediate financial distress or significant operational changes.

Key Players & Entities

• Shell plc (company) — Registrant
• 0001171843-24-001121 (other) — Accession Number
• 20240301 (date) — Filing Date
• February 1, 2024 (date) — Transaction Date
• 1-32575 (other) — Commission File Number

FAQ

Filing Documents

• f6k_030124.htm (6-K) — 179KB
• 0001171843-24-001121.txt ( ) — 180KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2024 Commission File Number: 1-32575 Shell plc (Exact name of registrant as specified in its charter) England and Wales (Jurisdiction of incorporation or organization) Shell Centre London, SE1 7NA United Kingdom (Address of principal executive office) ________________________________ Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F [ X ] Form 40-F [ ] Transaction in Own Shares 1 February, 2024 Shell plc (the Company') announces that on 1 February 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 01/02/2024 900,000 25.3150 24.7050 25.0796 LSE GBP 01/02/2024 - 0.0000 0.0000 0.0000 Chi-X (CXE) GBP 01/02/2024 - 0.0000 0.0000 0.0000 BATS (BXE) GBP 01/02/2024 900,000 29.9850 29.3200 29.7064 XAMS EUR 01/02/2024 - 0.0000 0.0000 0.0000 CBOE DXE EUR 01/02/2024 - 0.0000 0.0000 0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 February 2024. In respect of this programme, Citigroup Global Markets Limited will make trading decisions in relation to the securities independently of the Company for a period from 1 February 2024 up to and including 26 April 2024. The on-market limb will be effected within certain pre-set parameters and in accordance with the Company's general authority to repurchase shares on-market. The off-market limb will be effected in accordance with the Company's general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein. The programme will be conducted in accordance with Chapter 12 of the Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes ("EU MAR") and EU MAR as "onshored" into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time ("UK MAR") and the Commission Delegated Regulation (EU) 2016/1052 (the "EU MAR Delegated Regulation") and the EU MAR Delegated Regulation as "onshored" into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time. In accordance with EU MAR and UK MAR, a breakdown of the individual trades made by Citigroup Global Markets Limited on behalf of the Company as a part of the buy-back programme is detailed below. Enquiries Media International: +44 (0) 207 934 5550 Media Americas: +1 832 337 4335 LEI number of Shell plc: 21380068P1DRHMJ8KU70 Classification: Acquisition or disposal of the issuer's own shares Attachment Shell Share Buyback RNS - 01-Feb-24_Complete (https://ml-eu.globenewswire.com/Resource/Download/decb3bb3-2553-4f3b-be83-a3b2558c192a) Transaction in Own Shares 2 February, 2024 Shell plc (the Company') announces that on 2 February 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 02/02/2024 785,000 25.0200 24.6100 24.8330 LSE GBP 02/02/2024 - 0.0000 0.0000 0.0000 Chi-X (CXE) GBP 02/02/2024 - 0.0000 0.0000 0.0000 BATS (BXE) GBP 02/02/2024 790,000 29.6750 29.1700 29.4315 XAMS EUR 02/02/2024 - 0.0000 0.0000 0.0000 CBOE DXE EUR 02/02/2024 - 0.0000 0.0000 0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 February 2024. In respect of this programme, Citigroup Global Markets Limited will make trading decisions in relation to the securities independently of th

View Full Filing

View this 6-K filing on SEC EDGAR