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Source document· June 12, 2026

ARC RESOURCES LTD. FILES MANAGEMENT INFORMATION CIRCULAR FOR ARRANGEMENT WITH SHELL PLC AND PROVIDES BOARD UPDATE

View original at finance.yahoo.com
ARC RESOURCES LTD. FILES MANAGEMENT INFORMATION CIRCULAR FOR ARRANGEMENT WITH SHELL PLC AND PROVIDES BOARD UPDATE CALGARY, AB, June 12, 2026 /CNW/ - (TSX: ARX) ARC Resources Ltd…
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  • Shell intends to maintain a significant operational presence in Western Canada and integrate ARC's people into its Canadian operations.

    60% confidence
  • Shell is committed to returning 40 to 50% of cash flow from operations to shareholders through a 4% progressive dividend and share buybacks.

    60% confidence
  • The ARC Board believes the Consideration realizes premium value for ARC's long-duration Montney asset base, in particular recognizing the long-term resource potential of Attachie.

    60% confidence
  • The Consideration reflects accelerated value for ARC's undeveloped natural gas properties adjacent to Shell's operations which are connected to LNG Canada.

    60% confidence
  • The buybacks announced with Shell's Q1 2026 results were the 18th consecutive quarter of share buybacks of at least US$3 billion.

    60% confidence
  • The Arrangement is expected to close in the second half of 2026, subject to regulatory approvals and conditions typical for a transaction of this nature.

    60% confidence
  • The Consideration reflects long-term commodity prices in line with or above mid-cycle levels and meaningfully above long-term futures prices as of the date of the Arrangement Agreement.

    60% confidence
  • Shell's Q1 2026 quarterly interim dividend amounted to US$0.3906 per Shell Share.

    60% confidence
  • The Consideration of $32.80 per ARC Share represents a 27% premium to the closing price of ARC Shares on the TSX on April 24, 2026, the last trading day before the Arrangement was announced, and a meaningful premium to the 20-day and 30-day volume-weighted average trading prices.

    60% confidence
  • Shell's global scale and ongoing investment in employee development will benefit ARC's workforce and provide enhanced opportunities for professional growth and development.

    60% confidence

Data points we hold from this source

Shell plc · consecutive buyback quarters at min 3b18 quarters
Shell plc · quarterly share buyback minimum3 USD
Shell plc · quarterly interim dividend0.3906 USD_per_share
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Morgan Stanley & Co. LLC
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ARC RESOURCES LTD. FILES MANAGEMENT INFORMATION CIRCULAR FOR ARRANGEMENT WITH SHELL PLC AND PROVIDES BOARD UPDATE — Source | Via News | Finance Via News