Shell Announces Share Buy-Back and Director Share Transactions
The share buy-back program and director share transactions highlight Shell's ongoing financial strategies.
- Shell plc has initiated a share buy-back program, purchasing shares for cancellation on March 27, 2024.
- The share buy-back involves transactions on multiple trading venues, including the London Stock Exchange and XAMS.
- Philippa Bounds, a Person Discharging Managerial Responsibilities at Shell, sold shares as part of a 'Bed and ISA' transaction.
- Brian Bounds, closely associated with Philippa Bounds, repurchased shares into his Individual Savings Account (ISA).
- The transactions are part of Shell's existing share buy-back program and director/PDMR shareholding notifications.