Shell Plc announced the pounds sterling and euro equivalent dividend payments for the first quarter 2026 interim dividend, which was declared at US$0.3906 per ordinary share. Shareholders have the option to receive dividends in US dollars, euros, or pounds sterling, providing flexibility in currency receipt based on their elections.

Holders of ordinary shares who submitted valid currency elections by June 8, 2026 are entitled to a dividend of US$0.3906, €0.3381, or 29.18p per ordinary share, respectively. Absent a valid election, shareholders holding shares through Euroclear Nederland will receive dividends in euros, while others, including those holding shares in certificated or uncertificated form or through the Shell Corporate Nominee, will receive dividends in pounds sterling.

The euro and pounds sterling dividend amounts were converted from US dollars using an average of market exchange rates over the three dealing days from June 10 to June 12, 2026. This dividend will be paid on June 29, 2026 to members listed on the Register of Members as of May 22, 2026.

Dividend Details

Shareholders holding shares in a securities account with a bank or financial institution ultimately holding through Euroclear Nederland may have a different currency election date. Such shareholders are advised to contact their broker or financial intermediary to confirm the specific deadline that applies to their holdings.

Shell plc has suspended its $3.0 billion share buyback programme from June 12, 2026, until market close on July 14, 2026, due to securities law requirements related to ARC Resources Ltd. The suspension follows the publication of the ARC shareholder circular and will remain in effect until the date of the ARC shareholder meeting. Any buybacks not undertaken during this period will be included in the remaining 2026 programmes, subject to Board approval.

Programme Details

The buyback programme, announced on May 7, 2026, covers an aggregate contract term of approximately three months. The suspension is a direct result of regulatory requirements that apply to Shell plc in connection with the ARC Resources Ltd. shareholder circular. The company has stated that it will provide a further update if the suspension extends beyond the currently specified dates.

The suspension impacts the execution of the buyback programme during the specified period. Shell plc has clarified that the missed buybacks will not be cancelled but will instead be reallocated to the remaining 2026 programmes. This reallocation is contingent upon approval from the Board of Directors.