Royal Dutch Shell plc - Share Buy-back Programme
LONDON, March 26, 2013
LONDON, March 26, 2013 /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 'B' ordinary shares, for
cancellation, during its 2013 first quarter results closed period. The close
period commences on 2 April 2013 and is up to and including 2 May 2013.
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. At this time, it is less economic for the Company to
purchase 'A' ordinary shares under the share buy-back programme due to Dutch
dividend withholding Tax rules.
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.
Shell Media Relations
International, UK, European Press: +44(0)207-934-5550
Shell Investor Relations
United States: +1-713-241-2069
SOURCE Royal Dutch Shell plc
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