Shell Publishes Annual Report and Accounts

Rhea-AI Summary

Shell (LSE:SHEL) published its 2025 Annual Report and Accounts for the year ended December 31, 2025 on March 12, 2026. The report and the Form 20-F will be available online and were submitted to UK and Dutch regulators and the National Storage Mechanism.

Printed copies available from April 27, 2026; the AGM is scheduled for May 19, 2026.

Key Figures

Year end: December 31, 2025 AGM date: May 19, 2026 Printed copies available: April 27, 2026 +5 more

8 metrics

Year end December 31, 2025 Financial year covered by 2025 Annual Report and Accounts

AGM date May 19, 2026 Annual General Meeting to consider 2025 Annual Report and Accounts

Printed copies available April 27, 2026 Date from which printed annual report copies can be requested

Form 20-F year Year ended December 31, 2025 Period covered by Form 20-F filing with SEC

UK Listing Rule 6.4.1 Rule cited for submission to National Storage Mechanism

Dutch Act section 5:25m(6) Section of Financial Markets Supervision Act referenced for AFM submission

DTR rule 6.3.5R(1A) Disclosure Guidance and Transparency Rules reference for this announcement

UK media relations +44 20 7934 5550 Contact number for UK / International Media Relations

Market Reality Check

Price: $87.40 Vol: Volume 5,762,971 is below...

normal vol

$87.40 Last Close

Volume Volume 5,762,971 is below 20-day average 6,843,533 (relative volume 0.84x). normal

Technical Price 87.40 is above 200-day MA 73.54 and just below 52-week high 87.46.

Peers on Argus

Key integrated oil peers also showed gains (e.g., CVX +2.79%, XOM +2.43%, BP +2....

Key integrated oil peers also showed gains (e.g., CVX +2.79%, XOM +2.43%, BP +2.34%, PBR +3.77%), indicating broader strength in large-cap energy while momentum scanners did not flag a coordinated sector move.

Historical Context

5 past events · Latest: Mar 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 09	Share buy-back	Positive	+1.1%	Announcement of 295,391-share buy-back for cancellation under ongoing programme.
Mar 09	PDMR share disposal	Negative	+1.1%	PDMR disposals of ordinary shares reported via regulatory notification.
Mar 06	Share buy-back	Positive	+2.1%	Disclosure of 776,817-share repurchase and cancellation under buy-back plan.
Mar 05	Share buy-back	Positive	+0.3%	Announcement of 1,109,500 shares purchased and cancelled across venues.
Mar 05	LTIP vesting	Neutral	+0.3%	PDMRs receiving nil-price shares on LTIP vesting, recorded outside trading venue.

Pattern Detected

Recent buy-back disclosures have typically been followed by modest positive price reactions, while PDMR share dealings have seen smaller upside moves.

Recent Company History

Over the last week, Shell plc issued several updates focused on share repurchases and PDMR share dealings. Multiple "Transaction in Own Shares" announcements detailed buy-backs and cancellations on Mar 05–09 2026, each followed by small positive moves of up to 2.12%. Two "Director/PDMR Shareholding" notices on Mar 05–09 2026 reported disposals and LTIP vestings, with similarly modest gains. Today’s annual report and Form 20-F publication fits into this pattern of regular capital markets and disclosure updates.

Market Pulse Summary

This announcement centers on Shell plc’s 2025 Annual Report and Accounts and the related Form 20-F f...

Analysis

This announcement centers on Shell plc’s 2025 Annual Report and Accounts and the related Form 20-F filing, covering the year ended December 31, 2025. It highlights compliance across UK, Dutch and US regimes, with submissions to the National Storage Mechanism and AFM, and an AGM scheduled for May 19, 2026. Investors may focus on the detailed financials within the report alongside the company’s ongoing buy-back activity and broader energy-sector conditions.

Key Terms

form 20-f, disclosure guidance and transparency rules, national storage mechanism

3 terms

form 20-f regulatory

"Shell plc will also file its Form 20-F for the year ended December 31, 2025,"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

disclosure guidance and transparency rules regulatory

"For the purposes of complying with the Disclosure Guidance and Transparency Rules"

Disclosure guidance and transparency rules are the standards and regulations that require companies to share clear, timely information about their finances, risks, operations and material events. They matter to investors because consistent, honest reporting is like a car’s dashboard — it reveals the data you need to judge safety and performance and make informed buying or selling decisions. Strong disclosure reduces surprises and helps keep markets fair and efficient.

national storage mechanism regulatory

"was submitted to the National Storage Mechanism. This document will shortly be"

A national storage mechanism is an official, centralized electronic repository where companies and regulators file and keep required corporate documents such as prospectuses, financial statements and regulatory disclosures. For investors it is the authoritative public source to find and verify key papers — like using a government-run public archive or filing cabinet — so you can check the original documents for due diligence, compliance and to confirm claims made in news or marketing.

AI-generated analysis. Not financial advice.

Shell plc publishes 2025 Annual Report and Accounts
March 12, 2026

Shell plc published its Annual Report and Accounts for the year ended December 31, 2025 (“2025 Annual Report and Accounts”).

The 2025 Annual Report and Accounts will be submitted to the Annual General Meeting to be held on May 19, 2026.

The 2025 Annual Report and Accounts can be viewed online or downloaded in pdf format at www.shell.com/investors/results-and-reporting/annual-report. 

In compliance with UK Listing Rule 6.4.1, on March 12, 2026, a copy of the 2025 Annual Report and Accounts was submitted to the National Storage Mechanism. This document will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. In compliance with section 5:25m(6) Financial Markets Supervision Act, the 2025 Annual Report and Accounts was submitted to the Dutch Authority for the Financial Markets (AFM) on March 12, 2026. The AFM publishes the report in its public register. 

Printed copies of the 2025 Annual Report and Accounts will be available from April 27, 2026, and can be requested, free of charge, at www.shell.com/investors/results-and-reporting/annual-report/order-printed-annual-reports.

Shell plc will also file its Form 20-F for the year ended December 31, 2025, with the US Securities and Exchange Commission today. The Form 20-F will be available for download from www.shell.com/investors/results-and-reporting/annual-report or www.sec.gov.

This announcement is made in accordance with DTR 6.3.5R(1A).

Additional Information
For the purposes of complying with the Disclosure Guidance and Transparency Rules (DTRs) and the requirements imposed on issuers though the DTRs, information required to be communicated in unedited full text has been included in the 2025 Annual Report and Accounts. This was submitted to the National Storage Mechanism in unedited full text on March 12, 2026, and will shortly be available for inspection. Furthermore, the 2025 Annual Report and Accounts are available at www.shell.com/investors/results-and-reporting/annual-report.

Enquiries

UK / International Media Relations: +44 20 7934 5550 
Americas Media Relations: Contact Shell US Media Team

FAQ

Where can investors download Shell's 2025 Annual Report and Accounts (SHEL)?

You can download the 2025 Annual Report and Accounts from Shell's investor site or the SEC. According to the company, the report is at www.shell.com/investors/results-and-reporting/annual-report and the Form 20-F is on www.sec.gov.

When will Shell (SHEL) make printed copies of the 2025 Annual Report available?

Printed copies will be available from April 27, 2026 and can be requested free of charge. According to the company, investors may order printed reports via the annual report section on Shell's investor website.

When is Shell's (SHEL) Annual General Meeting to receive the 2025 Annual Report?

Shell's Annual General Meeting is scheduled for May 19, 2026 to receive the 2025 Annual Report. According to the company, the report will be submitted to the AGM for consideration on that date.

Has Shell (SHEL) filed the 2025 Form 20-F with the US SEC and when is it available?

Shell filed its Form 20-F for year ended December 31, 2025 with the US SEC on March 12, 2026. According to the company, the Form 20-F will be available to download from Shell's site and www.sec.gov.

Where was Shell's (SHEL) 2025 Annual Report submitted for regulatory inspection in the UK and Netherlands?

The report was submitted to the National Storage Mechanism and to the Dutch Authority for the Financial Markets on March 12, 2026. According to the company, it complied with UK Listing Rule 6.4.1 and Dutch Financial Markets Supervision Act requirements.