Shell plc reports recurring developments for an integrated energy group with American depositary shares that each represent two ordinary shares. Company news commonly covers operating and financial results across Integrated Gas, Upstream, Marketing, and Chemicals and Products, including LNG, production, trading and optimisation, refining, and chemicals activities.
Other updates focus on shareholder distributions and capital management, including interim dividends, share buyback programmes, purchases of ordinary shares for cancellation, and related Market Abuse Regulation disclosures. Shell also publishes governance and ownership notices, including annual meeting materials, director and PDMR shareholding notifications, and financial statements from Shell International Finance B.V.
Shell (SHEL) purchased and cancelled a total of 1,961,992 shares on 12 January 2026: 1,013,854 shares on LSE at a volume-weighted average price of £26.4575 and 948,138 shares on XAMS at a volume-weighted average price of €30.5628. These purchases form part of the on- and off-market limbs of the company's existing buy-back programme announced 30 October 2025.
Merrill Lynch International is executing trades independently for the programme from 30 October 2025 through 30 January 2026. The programme is conducted under UK MAR and related delegated regulation rules and the company’s authorised on- and off-market authorities.
Shell (SHEL) purchased and cancelled a total of 2,089,933 shares on 09 January 2026 across multiple venues (LSE, Chi-X, XAMS, CBOE DXE) as part of its on- and off-market share buy-back programme announced 30 October 2025. Reported volume weighted average prices per share were 26.3073–26.4896 GBP on UK venues and 30.4016–30.4383 EUR on European venues. Merrill Lynch International is making trading decisions independently for the programme from 30 October 2025 through 30 January 2026. The buy-back is being conducted under Chapter 9 of the UK Listing Rules and UK MAR/EU MAR rules and related delegated regulation.
Shell (SHEL) purchased 2,433,525 shares for cancellation on 08 January 2026 across multiple trading venues (LSE, Chi-X, XAMS, CBOE), as part of its on- and off-market buy-back programme announced 30 October 2025.
Purchases were executed under preset parameters and in compliance with UK MAR and EU MAR rules, with Merrill Lynch International making independent trading decisions for the programme period 30 October 2025 to 30 January 2026. VWAPs reported per venue ranged from GBP 25.6162–25.7776 and EUR 29.6339–29.7961.
Shell (SHEL) provided an updated Q4 2025 outlook ahead of full results on 5 February 2026. Key operational ranges: Upstream production 1,840–1,940 kboe/d, Integrated Gas production 930–970 kboe/d, and LNG liquefaction 7.5–7.9 MT. Chemicals & Products shows an updated indicative refining margin $14/bbl and chemicals margin $140/tonne. The Chemicals sub‑segment is expected to be below break‑even with a significant non‑cash deferred tax adjustment in a joint venture. The company flagged an ~$1.5bn Q4 cash outflow for German emissions certificates and a typical ~$1.2bn German mineral oil tax payment included in working capital.
Shell (SHEL) purchased and cancelled shares on 07 January 2026 under its existing buy-back programme. Aggregated purchases by venue totaled 2,233,786 shares (LSE 1,024,026; Chi-X 27,620; XAMS 1,182,140).
Reported price metrics: LSE VWAP GBP 26.5795, Chi-X VWAP GBP 26.4671, XAMS VWAP EUR 30.7692. Purchases form part of the on- and off-market limbs of the programme running from 30 Oct 2025 to 30 Jan 2026, with Merrill Lynch International making independent trading decisions within pre-set parameters and in accordance with UK MAR/EU MAR rules.
Shell (SHEL) announced on 06 January 2026 that it purchased a total of 1,472,298 shares for cancellation as part of its ongoing buy-back programme announced 30 October 2025.
Purchases by venue on 06/01/2026: 735,166 shares on LSE at a VWAP of £27.6788 (high £27.85, low £27.50) and 737,132 shares on XAMS at a VWAP of €32.0363 (high €32.26, low €31.815). Merrill Lynch International is executing the programme independently through to 30 January 2026.
The programme is being carried out under the company’s on- and off-market authorities and in compliance with UK MAR and the EU MAR Delegated Regulation.
Shell (SHEL) purchased 1,500,136 ordinary shares for cancellation on 05 January 2026 under its existing buy-back programme announced on 30 October 2025. Purchases by venue: 752,239 shares on LSE at a volume-weighted average price of £27.5473 and 747,897 shares on XAMS at a volume-weighted average price of €31.8115. No trades were reported on Chi-X, BATS, CBOE DXE or TQEX for the date.
The programme is being executed on- and off-market within pre-set parameters, with Merrill Lynch International making independent trading decisions from 30 October 2025 through 30 January 2026, and will be conducted in accordance with UK MAR and related regulations.
Shell (SHEL) purchased a total of 1,479,234 shares for cancellation on 02 January 2026 as part of its ongoing buy‑back programme announced 30 October 2025. Purchases by venue were 739,498 shares on LSE at a VWAP of £27.6069 and 739,736 shares on XAMS at a VWAP of €31.7332. Merrill Lynch International is executing trades independently for the programme running from 30 October 2025 through 30 January 2026 under the company’s on‑ and off‑market authorities. The programme is being conducted in accordance with UK MAR and applicable delegated EU MAR rules as onshored into UK law.
Shell plc (SHEL) notifies the market of its total voting rights and capital as at December 31, 2025. The company's capital consists of 5,718,636,398 ordinary shares of €0.07 each and Shell holds no shares in treasury.
The figure 5,718,636,398 may be used by shareholders as the denominator to determine whether they must notify changes in their interest under the FCA Disclosure Guidance and Transparency Rules (DTR), including DTR 5.6.1. The total includes shares purchased under the company's buy-back programme that have not yet been cancelled.
Shell (SHEL) purchased shares for cancellation on 31 December 2025 under its existing buy-back programme announced on 30 October 2025. Aggregated trades reported: 297,575 shares on LSE at a volume-weighted average price of £27.3601 and 264,431 shares on XAMS at a volume-weighted average price of €31.3902.
Merrill Lynch International will make trading decisions independently for the programme from 30 October 2025 through 30 January 2026. The programme is being conducted in accordance with UK Listing Rules Chapter 9 and UK MAR/EU MAR requirements.