SHEL Stock Recent News

Transaction in Own Shares 5 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 5 July, 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 05/07/2024 440,146 £29.1050 £28.5450 £28.7837 LSE GBP 05/07/2024 136,860 £29.1050 £28.5450 £28.7444 Chi-X (CXE) GBP 05/07/2024 106,494 £29.0750 £28.5550 £28.8023 BATS (BXE) GBP 05/07/2024 299,491 €34.4050 €33.8550 €33.9439 XAMS EUR 05/07/2024 97,786 €34.3050 €33.8550 €33.9224 CBOE DXE EUR 05/07/2024 30,812 €34.0950 €33.8600 €33.9245 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 2 May 2024.

The company is concerned about a possible glut of biofuels made in America after the Inflation Reduction Act.

Shell PLC (LSE:SHEL, NYSE:SHEL) is expected to write down up to $1 billion in impairment charges after pausing construction of its 820-000-tonne-per-year biofuels facility in Rotterdam, the Netherlands. Shell announced the on-site pause earlier this week, stating that it would undertake an impairment review of the plant.

Shell will take an impairment charge of up to $2 billion after the sale of its Singapore refinery and pausing of construction of one of Europe's largest biofuel plants, it said on Friday.

The following is an update to the second quarter 2024 outlook and gives an overview of our current expectations for the second quarter. Outlooks presented may vary from the actual second quarter 2024 results and are subject to finalisation of those results, which are scheduled to be published on August 1, 2024. Unless otherwise indicated, all outlook statements exclude identified items.

Transaction in Own Shares 4 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 4 July, 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 04/07/2024 457,168 £29.0250 £28.5850 £28.8598 LSE GBP 04/07/2024 138,168 £29.0200 £28.6000 £28.8809 Chi-X (CXE) GBP 04/07/2024 87,964 £29.0200 £28.6050 £28.8765 BATS (BXE) GBP 04/07/2024 4,631 €34.2900 €33.9650 €34.1876 XAMS EUR 04/07/2024 369 €34.3650 €33.9800 €34.2204 CBOE DXE 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 2 May 2024.

Shell (SHEL) remains committed to achieving its net-zero emissions target by 2050 despite abandoning several renewable projects to focus on its more profitable ventures, primarily in oil and gas.

Transaction in Own Shares 3 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 3 July, 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 03/07/2024 411,237 £28.8250 £28.5200 £28.6267 LSE GBP 03/07/2024 168,394 £28.8250 £28.5250 £28.6302 Chi-X (CXE) GBP 03/07/2024 110,369 £28.8150 £28.5250 £28.6341 BATS (BXE) GBP 03/07/2024 3,931 €34.1100 €33.8450 €33.9357 XAMS EUR 03/07/2024 1,069 €34.1100 €33.8450 €33.9223 CBOE DXE 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 2 May 2024.

Shell PLC (LSE:SHEL, NYSE:SHEL) has been added to Canadian broker RBC's Energy Best Ideas list, reflecting clarity on the message from management, strong operational performance and a discounted valuation. Shell generates significant amounts of cash, notes RBC, supported by its oil leverage and number-one 1 presence in LNG.

Transaction in Own Shares 2 July, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 2 July, 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 02/07/2024 472,473 £28.9600 £28.6050 £28.7817 LSE GBP 02/07/2024 137,844 £28.9550 £28.6150 £28.8055 Chi-X (CXE) GBP 02/07/2024 79,683 £28.9550 £28.6150 £28.7943 BATS (BXE) GBP 02/07/2024 4,244 €34.2800 €33.9400 €34.1133 XAMS EUR 02/07/2024 756 €34.2800 €33.9550 €34.1148 CBOE DXE 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 2 May 2024.