Transaction in Own Shares
Shell (SHEL) announces that on 20 January 2026 it purchased shares for cancellation under its existing buy-back programme announced 30 October 2025.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Shell (SHEL) announces that on 20 January 2026 it purchased shares for cancellation under its existing buy-back programme announced 30 October 2025. Aggregated trades: 659,433 shares on the LSE at a volume‑weighted average price of £27.2191, and 664,831 shares on XAMS at a volume‑weighted average price of €31.3854. Purchases were made by Merrill Lynch International acting independently under pre‑set parameters and will be cancelled. The programme is conducted under UK MAR and related Listing Rules.
Positive
- Purchased 659,433 shares on LSE at VWAP £27.2191 on 20 January 2026
- Purchased 664,831 shares on XAMS at VWAP €31.3854 on 20 January 2026
- Shares purchased are to be cancelled, reducing outstanding share count under the buy‑back programme
Negative
- None.
Details
News Market Reaction – SHEL
On Jan 20, the day this news came out, SHEL closed 1.54% below the previous close.
Data tracked by StockTitan Argus for the Jan 20 session.
Key Figures
- Shares repurchased LSE
- 659,433 shares
- For cancellation on 20/01/2026 at LSE
- VWAP LSE
- £27.2191
- Volume weighted average price on 20/01/2026 LSE
- LSE price range
- £27.0200–£27.3350
- Lowest to highest price paid 20/01/2026 LSE
- Shares repurchased XAMS
- 664,831 shares
- For cancellation on 20/01/2026 at XAMS
- VWAP XAMS
- €31.3854
- Volume weighted average price on 20/01/2026 XAMS
- XAMS price range
- €31.1750–€31.5550
- Lowest to highest price paid 20/01/2026 XAMS
- Programme start
- 30 October 2025
- Buy-back programme reference start date
- Programme end (current limb)
- 30 January 2026
- Period during which Merrill Lynch trades independently
Historical Context
-
Disclosure of share purchases and cancellations under ongoing buy-back programme.
-
Report of 1.68M shares bought and cancelled across LSE and XAMS.
-
Report of 1.96M shares repurchased and cancelled on LSE and XAMS.
-
Multi-venue buy-backs totalling about 2.09M shares with VWAP ranges disclosed.
-
2.43M shares repurchased across venues under preset buy-back parameters.
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
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction in Own Shares
20 January, 2026
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 20 January, 2026 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 |
| 20/01/2026 | 659,433 | 27.3350 | 27.0200 | 27.2191 | LSE | GBP |
| 20/01/2026 | - | - | - | - | Chi-X (CXE) | GBP |
| 20/01/2026 | - | - | - | - | BATS (BXE) | GBP |
| 20/01/2026 | 664,831 | 31.5550 | 31.1750 | 31.3854 | XAMS | EUR |
| 20/01/2026 | - | - | - | - | CBOE DXE | EUR |
| 20/01/2026 | - | - | - | - | 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.