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Name | Symbol | Market | Type |
---|---|---|---|
Roadster Finance DAC | TG:RDSA | Tradegate | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 99.975 | 99.915 | 100.035 | 0 | 17:00:03 |
LONDON, May 3, 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 the period from 7 May 2013 up to and including 1 August 2013 which period includes the 2013 second quarter results close period.
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.
Enquiries
Shell Media Relations
International, UK, European Press: +44(0)207-934 5550
Shell Investor Relations
Europe: +31-70-377-3996
United States: +1-713-241-2069
SOURCE Royal Dutch Shell plc
Copyright 2013 PR Newswire
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