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   <title>Transaction in Own Shares</title>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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   <pubDate>Thu, 12 Mar 2026 13:39:00 -0400</pubDate>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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   <pubDate>Thu, 12 Mar 2026 13:39:00 -0400</pubDate>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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   <pubDate>Thu, 12 Mar 2026 13:39:00 -0400</pubDate>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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   <pubDate>Thu, 12 Mar 2026 13:39:00 -0400</pubDate>
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&lt;p&gt;&lt;b&gt;Transaction in Own Shares      &lt;/b&gt;&lt;/p&gt;  &lt;p&gt;12 March 2026 &lt;/p&gt;  &lt;p&gt;• • • • • • • • • • • • • • • •&lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;Shell plc (the ‘Company’) announces that on 12 March 2026 it purchased the following number of Shares for cancellation. &lt;/p&gt;  &lt;p align=&quot;justify&quot;&gt;&lt;b&gt;Aggregated information on Shares purchased according to trading venue:&lt;/b&gt;&lt;/p&gt; &lt;table style=&quot;border-collapse: collapse; width:671px; border-collapse:collapse ;&quot;&gt;&lt;tr&gt;&lt;td style=&quot;width:117px;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; &quot;&gt;Date of Purchase&lt;/td&gt;&lt;td style=&quot;width:80.94px;;border-top: solid black 1pt ; border-right: solid black</description>
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  <item>
   <title>Piper Sandler Revises Mid-Cycle Oil Price Higher and Picks Preferred Integrated Oils Stocks</title>
   <link>http://www.streetinsider.com/Analyst+Comments/Piper+Sandler+Revises+Mid-Cycle+Oil+Price+Higher+and+Picks+Preferred+Integrated+Oils+Stocks/26150687.html</link>
   <description>&lt;p&gt;Piper Sandler analyst Ryan M. Todd revises the mid-cycle oil price higher and picks preferred Integrated Oils stocks.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;We are revising forward estimates and price targets on the back of a $5.00/bbl increase in our mid-cycle WTI price forecast ($75/bbl vs. prior $70/bbl), driven by lasting impacts of the war in Iran. While the duration of outages in the Middle East remains highly uncertain, our commodity macro team, led by Global Energy Strategist, Jan Stuart, anticipates that 2026 crude balances will tighten by ~2.0 Mb/d vs. prior expectations (Macro Note), while lingering impacts/risk premiums and global resource tightening</description>
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  <item>
   <title>Piper Sandler Revises Mid-Cycle Oil Price Higher and Picks Preferred Integrated Oils Stocks</title>
   <link>http://www.streetinsider.com/Analyst+Comments/Piper+Sandler+Revises+Mid-Cycle+Oil+Price+Higher+and+Picks+Preferred+Integrated+Oils+Stocks/26150687.html</link>
   <description>&lt;p&gt;Piper Sandler analyst Ryan M. Todd revises the mid-cycle oil price higher and picks preferred Integrated Oils stocks.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;We are revising forward estimates and price targets on the back of a $5.00/bbl increase in our mid-cycle WTI price forecast ($75/bbl vs. prior $70/bbl), driven by lasting impacts of the war in Iran. While the duration of outages in the Middle East remains highly uncertain, our commodity macro team, led by Global Energy Strategist, Jan Stuart, anticipates that 2026 crude balances will tighten by ~2.0 Mb/d vs. prior expectations (Macro Note), while lingering impacts/risk premiums and global resource tightening</description>
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  <item>
   <title>Piper Sandler Revises Mid-Cycle Oil Price Higher and Picks Preferred Integrated Oils Stocks</title>
   <link>http://www.streetinsider.com/Analyst+Comments/Piper+Sandler+Revises+Mid-Cycle+Oil+Price+Higher+and+Picks+Preferred+Integrated+Oils+Stocks/26150687.html</link>
   <description>&lt;p&gt;Piper Sandler analyst Ryan M. Todd revises the mid-cycle oil price higher and picks preferred Integrated Oils stocks.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;We are revising forward estimates and price targets on the back of a $5.00/bbl increase in our mid-cycle WTI price forecast ($75/bbl vs. prior $70/bbl), driven by lasting impacts of the war in Iran. While the duration of outages in the Middle East remains highly uncertain, our commodity macro team, led by Global Energy Strategist, Jan Stuart, anticipates that 2026 crude balances will tighten by ~2.0 Mb/d vs. prior expectations (Macro Note), while lingering impacts/risk premiums and global resource tightening</description>
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   <title>Piper Sandler Revises Mid-Cycle Oil Price Higher and Picks Preferred Integrated Oils Stocks</title>
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   <description>&lt;p&gt;Piper Sandler analyst Ryan M. Todd revises the mid-cycle oil price higher and picks preferred Integrated Oils stocks.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;We are revising forward estimates and price targets on the back of a $5.00/bbl increase in our mid-cycle WTI price forecast ($75/bbl vs. prior $70/bbl), driven by lasting impacts of the war in Iran. While the duration of outages in the Middle East remains highly uncertain, our commodity macro team, led by Global Energy Strategist, Jan Stuart, anticipates that 2026 crude balances will tighten by ~2.0 Mb/d vs. prior expectations (Macro Note), while lingering impacts/risk premiums and global resource tightening</description>
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   <description>&lt;p&gt;Piper Sandler analyst Ryan M. Todd revises the mid-cycle oil price higher and picks preferred Integrated Oils stocks.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;We are revising forward estimates and price targets on the back of a $5.00/bbl increase in our mid-cycle WTI price forecast ($75/bbl vs. prior $70/bbl), driven by lasting impacts of the war in Iran. While the duration of outages in the Middle East remains highly uncertain, our commodity macro team, led by Global Energy Strategist, Jan Stuart, anticipates that 2026 crude balances will tighten by ~2.0 Mb/d vs. prior expectations (Macro Note), while lingering impacts/risk premiums and global resource tightening</description>
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   <title>Piper Sandler Revises Mid-Cycle Oil Price Higher and Picks Preferred Integrated Oils Stocks</title>
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   <description>&lt;p&gt;Piper Sandler analyst Ryan M. Todd revises the mid-cycle oil price higher and picks preferred Integrated Oils stocks.&lt;/p&gt;&lt;p&gt;The analyst commented: &quot;We are revising forward estimates and price targets on the back of a $5.00/bbl increase in our mid-cycle WTI price forecast ($75/bbl vs. prior $70/bbl), driven by lasting impacts of the war in Iran. While the duration of outages in the Middle East remains highly uncertain, our commodity macro team, led by Global Energy Strategist, Jan Stuart, anticipates that 2026 crude balances will tighten by ~2.0 Mb/d vs. prior expectations (Macro Note), while lingering impacts/risk premiums and global resource tightening</description>
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   <description>Piper Sandler analyst Ryan Todd raised the price target on Shell Plc. (NYSE: SHEL) to $106.00  (from $89.00) while maintaining a  rating.</description>
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