15th Dec 2006 15:03
RDS buybacks to continue in close period
Royal Dutch Shell plc announces that it will undertake an irrevocable, non-discretionary programme to purchase 'A' Shares, for cancellation, during its fourth quarter results close period, which commences on 2 January 2007 and is up to and including the 1 February 2007.
Any purchases will be effected within certain pre-set parameters and in accordance with the Company's general authority to repurchase shares and Chapter 12 of the UK Listing Rules. The maximum price paid per share will be limited to 5% above the average market value of the Company's equity shares for the 5 business days prior to the day any purchase is made.
Enquiries:
Institutional InvestorsUK:Gerard Paulides +44 20 7934 6287
Europe:
Tjerk Huysinga +31 70 377 3996
USA:
Harold Hatchett +1 212 218 3112
ROYAL DUTCH SHELL 'B' PLCRelated Shares:
RDSA.LRDSB.L