Shell Exercises Power, Buys Back its Own Shares for Cancellation on multiple Trading Venues
Published:
04 Aug 2025
Shell has made a bold move in purchasing its own shares back on various trading venues for cancellation as part of its existing share buyback program.
Energy giant Shell has boldly stepped into the financial market to execute a significant transaction. As part of its ongoing share buyback programme announced in July 2025, it has purchased a significant number of its own shares for cancellation on various exchanges.
Shell has given HSBC Bank the authority to act independently. Consequently, HSBC Bank has made all trading decisions, without influence from Shell, for the entirety of the exercise which lasts from 31 July 2025 to 24 October 2025. The decision aligns with Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes.
- •Transaction in Own Shares investegate.co.uk04-08-2025