26th Mar 2013 11:34
ROYAL DUTCH SHELL PLC - Royal Dutch Shell - Share Buyback ProgrammeROYAL DUTCH SHELL PLC - Royal Dutch Shell - Share Buyback Programme
PR Newswire
London, March 26
Royal Dutch Shell plc - Share Buy-back Programme
Royal Dutch Shell plc (the `Company') announces that it has entered into anirrevocable, non-discretionary arrangement with an independent third party toenable the purchase of `B' ordinary shares, for cancellation, during its 2013first quarter results closed period. The close period commences on 2 April 2013and is up to and including 2 May 2013.
As previously announced, the purpose of the share buy-back programme is tooffset dilution created by the issuance of shares for the Company's ScripDividend Programme. At this time, it is less economic for the Company topurchase `A' ordinary shares under the share buy-back programme due to Dutchdividend withholding Tax rules.
Any purchases will be effected within certain pre-set parameters and inaccordance with the Company's general authority to repurchase shares andChapter 12 of the Listing Rules.
Enquiries
Shell Media RelationsInternational, UK, European Press: +44 (0)207 934 5550 Shell Investor RelationsEurope: + 31 70 377 3996United States: +1 713 241 2069Related Shares:
RDSA.LRDSB.L