Transaction in Own Shares
Shell (SHEL) purchased 1,486,776 shares for cancellation on 18 December 2025 as part of its ongoing buy-back programme announced 30 October 2025.
Rhea-AI Summary
Shell (SHEL) purchased 1,486,776 shares for cancellation on 18 December 2025 as part of its ongoing buy-back programme announced 30 October 2025.
Purchases by venue: 742,541 shares on LSE at a VWAP of 26.6213 GBP and 744,235 shares on XAMS at a VWAP of 30.4586 EUR. Merrill Lynch International is executing trades independently for the programme covering 30 October 2025 to 30 January 2026. The programme is being conducted under UK Listing Rules Chapter 9 and EU/UK MAR rules, and includes on-market and off-market limbs per the approved off-market buyback contract.
Positive
- Total shares repurchased: 1,486,776 on 18 December 2025
- LSE volume: 742,541 shares at VWAP 26.6213 GBP
- XAMS volume: 744,235 shares at VWAP 30.4586 EUR
- Buy-back executed under approved programme running to 30 January 2026
Negative
- None.
Details
News Market Reaction – SHEL
On Dec 18, the day this news came out, SHEL closed 0.34% below the previous close.
Data tracked by StockTitan Argus for the Dec 18 session.
Key Figures
- Shares repurchased LSE
- 742,541 shares
- Bought for cancellation on 18/12/2025 in GBP
- Highest price LSE
- £26.8250
- Highest price paid per share on 18/12/2025
- Lowest price LSE
- £26.4900
- Lowest price paid per share on 18/12/2025
- VWAP LSE
- £26.6213
- Volume weighted average price on 18/12/2025
- Shares repurchased XAMS
- 744,235 shares
- Bought for cancellation on 18/12/2025 in EUR
- Highest price XAMS
- €30.6450
- Highest price paid per share on 18/12/2025
- Lowest price XAMS
- €30.3400
- Lowest price paid per share on 18/12/2025
- VWAP XAMS
- €30.4586
- Volume weighted average price on 18/12/2025
Historical Context
-
Daily disclosure of 2,393,719 shares repurchased and cancelled across LSE and XAMS.
-
Ongoing programme with 1,512,085 shares bought back on LSE and XAMS.
-
Disclosure of 1,518,111 shares repurchased and cancelled under ongoing programme.
-
Report of 1,509,607 shares bought back across LSE and XAMS venues.
-
Board refresh with new non-executive director appointments and committee changes.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
eu mar regulatory
uk mar regulatory
off-market buyback contract financial
volume weighted average price technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction in Own Shares
18 December, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 18 December, 2025 it purchased the following number of Shares for cancellation.
Aggregated information on Shares purchased according to trading venue:
| Date of purchase | Number of Shares purchased | Highest price paid | Lowest price paid | Volume weighted average price paid per share | Venue | Currency |
| 18/12/2025 | 742,541 | 26.8250 | 26.4900 | 26.6213 | LSE | GBP |
| 18/12/2025 | - | - | - | - | Chi-X (CXE) | GBP |
| 18/12/2025 | - | - | - | - | BATS (BXE) | GBP |
| 18/12/2025 | 744,235 | 30.6450 | 30.3400 | 30.4586 | XAMS | EUR |
| 18/12/2025 | - | - | - | - | CBOE DXE | EUR |
| 18/12/2025 | - | - | - | - | TQEX | EUR |
These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 October 2025.
In respect of this programme, Merrill Lynch International will make trading decisions in relation to the securities independently of the Company for a period from 30 October 2025 up to and including 30 January 2026.
The on-market limb will be effected within certain pre-set parameters and in accordance with the Company’s general authority to repurchase shares on-market. The off-market limb will be effected in accordance with the Company’s general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein. The programme will be conducted in accordance with Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes (“EU MAR”) and EU MAR as “onshored” into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time (“UK MAR”) and the Commission Delegated Regulation (EU) 2016/1052 (the “EU MAR Delegated Regulation”) and the EU MAR Delegated Regulation as “onshored” into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time.
In accordance with EU MAR and UK MAR, a breakdown of the individual trades made by Merrill Lynch International on behalf of the Company as a part of the buy-back programme is detailed below.
Enquiries
Media: International +44 (0) 207 934 5550; U.S. and Canada: https://www.shell.us/about-us/news-and-insights/media/submit-an-inquiry.html
Attachment
FAQ
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