This announcement details additional share repurchases for cancellation under Shell’s ongoing buy-ba...
Analysis
This announcement details additional share repurchases for cancellation under Shell’s ongoing buy-back programme running from 7 May 2026 to 24 July 2026, with trades executed by Goldman Sachs International across LSE and Chi-X venues at volume-weighted prices around the low-£30s. It continues a series of similar late-May updates. Investors may track cumulative shares cancelled, associated capital returns, and how this activity fits alongside Shell’s broader capital structure and debt management actions disclosed in recent filings.
Key Figures
Shares repurchased LSE:900,000 sharesShares repurchased Chi-X:200,000 sharesHighest price LSE:£32.0900 per share+5 more
8 metrics
Shares repurchased LSE900,000 sharesPurchased for cancellation on 01/06/2026 on LSE
Shares repurchased Chi-X200,000 sharesPurchased for cancellation on 01/06/2026 on Chi-X (CXE)
Highest price LSE£32.0900 per shareHighest price paid on LSE 01/06/2026
Lowest price LSE£31.3900 per shareLowest price paid on LSE 01/06/2026
VWAP LSE£31.8075 per shareVolume weighted average price on LSE 01/06/2026
Highest price Chi-X£32.0900 per shareHighest price paid on Chi-X (CXE) 01/06/2026
VWAP Chi-X£31.8018 per shareVolume weighted average price on Chi-X (CXE) 01/06/2026
Buy-back window7 May 2026 to 24 July 2026Period during which Goldman Sachs International executes the programme
Reported 1,978,677 shares repurchased for cancellation on 22 May 2026.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent 'Transaction in Own Shares' updates have generally been followed by modest, mixed price reactions, suggesting routine disclosures with limited standalone impact.
Recent Company History
Over late May 2026, Shell issued several RNS updates on its buy-back programme, reporting daily repurchases between roughly 1.8–2.0 million shares for cancellation across LSE, Chi-X and BATS. A separate May 29, 2026 notice detailed total voting rights of 5,586,155,889 ordinary shares with no treasury stock. The current announcement continues this pattern of routine buy-back reporting under the programme running from 7 May 2026 to 24 July 2026.
Key Terms
share buy-back programme, volume weighted average price, eu mar, uk mar
4 terms
share buy-back programmefinancial
"These share purchases form part of the Company's share buy-back programme previously announced..."
A share buy-back programme is when a company purchases its own shares from the market. This reduces the total number of shares available, which can increase the value of remaining shares and signal confidence in the company's future. For investors, it can be a sign that the company believes its stock is undervalued and may lead to higher share prices.
volume weighted average pricetechnical
"Volume weighted average price paid per share | Venue | Currency"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
eu marregulatory
"...(“EU MAR”) and EU MAR as "onshored" into UK law from the end of the Brexit transition period..."
EU MAR is the European Union’s Market Abuse Regulation, a set of rules designed to keep financial markets fair by stopping insider trading and market manipulation and by requiring timely, accurate public disclosure of inside information. Think of it as traffic laws for trading: it sets who can share sensitive information, how it must be disclosed, and penalties for breaking the rules, which matters to investors because stronger rules reduce surprises, boost trust, and affect companies’ legal and reporting costs.
uk marregulatory
"...from time to time ("UK MAR") and the Commission Delegated Regulation (EU) 2016/1052..."
UK MAR is the UK Market Abuse Regulation, a set of laws designed to prevent insider trading, market manipulation and other dishonest practices in financial markets while setting rules for how companies must disclose important information. It matters to investors because it helps ensure a fair playing field and timely, reliable disclosures so price changes reflect real news rather than secret deals—think of it as the rulebook that keeps the market honest and predictable.
Shell plc (the 'Company') announces that on 01 June, 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
01/06/2026
900,000
£ 32.0900
£ 31.3900
£ 31.8075
LSE
GBP
01/06/2026
200,000
£ 32.0900
£ 31.4000
£ 31.8018
Chi-X (CXE)
GBP
01/06/2026
-
-
-
-
BATS (BXE)
GBP
These share purchases form part of the Company's share buy-back programme previously announced on 7 May 2026.
In respect of this programme, Goldman Sachs International will make trading decisions in relation to the securities independently of the Company for a period from 7 May 2026 up to and including 24 July 2026.
Any such share purchases will be effected within certain pre-set parameters and in accordance with the Company's general authority to repurchase shares. 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 Goldman Sachs International on behalf of the Company as a part of the buy-back programme is detailed below.
What did Shell (SHEL) announce about its share buyback on 1 June 2026?
Shell announced it repurchased 1,100,000 shares for cancellation on 1 June 2026. According to Shell, the trades were executed under its existing buy-back programme through Goldman Sachs International on specified venues and within pre-set parameters.
How many Shell (SHEL) shares were bought back on the London Stock Exchange on 1 June 2026?
Shell bought back 900,000 shares on the LSE on 1 June 2026. According to Shell, the volume-weighted average price on this venue was £31.8075 per share, with prices ranging between £31.3900 and £32.0900 in GBP.
At what prices did Shell (SHEL) repurchase shares on Chi-X on 1 June 2026?
Shell repurchased 200,000 shares on Chi-X (CXE) on 1 June 2026. According to Shell, the volume-weighted average price was £31.8018 per share, with a highest price of £32.0900 and a lowest price of £31.4000, all in GBP.
Is the June 1, 2026 Shell (SHEL) share repurchase part of a larger buyback programme?
Yes, the 1 June 2026 repurchases form part of Shell’s existing share buy-back programme. According to Shell, the programme was announced on 7 May 2026 and runs until 24 July 2026 under an independent trading mandate.
Who executes Shell’s (SHEL) share buyback trades between May and July 2026?
Goldman Sachs International executes Shell’s share buyback trades during this period. According to Shell, the bank makes trading decisions independently from 7 May 2026 through 24 July 2026, operating within pre-set parameters and regulatory requirements.
Under which regulations is the Shell (SHEL) June 2026 share buyback conducted?
The buyback is conducted under UK Listing Rules and EU and UK MAR rules. According to Shell, transactions comply with Chapter 9 of the UK Listing Rules and onshored Market Abuse Regulation, including the EU MAR Delegated Regulation frameworks.
