Royal Dutch Shell plc - Share Buy-back Programme
30.12.2014 | PR Newswire
LONDON, December 30, 2014 /PRNewswire/ --
Royal Dutch Shell plc (the 'Company') (NYSE: RDS.A) (NYSE:RDS.B) announces that it has entered into an irrevocable, non-discretionary arrangement with an independent third party to enable the purchase of ordinary shares, for cancellation, during the 2014 fourth quarter results close period from 1 January 2015 up to and including 29 January 2015.
As previously announced, the purpose of the share buy-back programme is to offset dilution created by the issuance of shares for the Company's Scrip Dividend Programme.
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 Listing Rules.
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SOURCE Royal Dutch Shell plc
