Transaction in Own Shares
Rhea-AI Summary
Shell (SHEL) purchased and cancelled a total of 2,741,165 shares on 17 April 2026 across multiple European trading venues.
Purchases were executed under the company’s on‑ and off‑market buy‑back programme announced 05 February 2026, with Morgan Stanley making independent trading decisions through 01 May 2026.
Positive
- 2,741,165 shares repurchased and cancelled on 17 April 2026
- Buy-back executed across six venues in GBP and EUR markets
- Programme active under authority announced 05 February 2026
Negative
- Euros paid showed higher VWAP (~37.23–37.28) than GBP VWAP (~32.42–32.48)
- No aggregate cash total disclosed for the 17 April 2026 purchases
News Market Reaction – SHEL
In the Apr 17 session, SHEL declined 4.03%, reflecting a moderate negative market reaction. Argus tracked a trough of -2.1% from its starting point during tracking. Our momentum scanner triggered 48 alerts that day, indicating elevated trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 16 | Share buyback update | Positive | +1.9% | Reported 1,620,931 shares repurchased and cancelled under ongoing buy-back. |
| Apr 15 | Share buyback update | Positive | -1.7% | Disclosed 1,867,329 shares repurchased across multiple venues for cancellation. |
| Apr 13 | Share buyback update | Positive | +0.4% | Announced 747,124 shares bought back and cancelled across several venues. |
| Apr 13 | AGM notice | Neutral | +0.4% | Published notice and logistics for the 2026 Annual General Meeting. |
| Apr 08 | Share buyback update | Positive | -2.3% | Reported 4,450,454 shares repurchased for cancellation under buy-back programme. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent buy-back disclosures have shown mixed price reactions, with both gains and declines following similar announcements.
Over recent weeks, Shell has repeatedly reported on-market and off-market share repurchases under its buy-back programmes. Disclosures on 08 Apr 2026, 13 Apr 2026, 15 Apr 2026 and 16 Apr 2026 detailed multi-venue purchases for cancellation, with trading decisions delegated to banks under pre-set parameters. A separate Notice of 2026 AGM on 13 Apr 2026 outlined governance timelines. Price reactions to these repurchase updates have alternated between positive and negative moves.
Key Terms
on-market limb financial
EU MAR regulatory
UK MAR regulatory
UK Listing Rules regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction in Own Shares
17 April 2026
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 17 April 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 |
| 17/04/2026 | 856,258 | 33.8750 | 31.7150 | 32.4764 | LSE | GBP |
| 17/04/2026 | 391,925 | 33.8400 | 31.7150 | 32.4208 | Chi-X (CXE) | GBP |
| 17/04/2026 | 135,443 | 33.8200 | 31.7150 | 32.4271 | BATS (BXE) | GBP |
| 17/04/2026 | 775,387 | 38.9000 | 36.4200 | 37.2276 | XAMS | EUR |
| 17/04/2026 | 485,722 | 38.8950 | 36.4200 | 37.2797 | CBOE DXE | EUR |
| 17/04/2026 | 96,430 | 38.8400 | 36.4600 | 37.2652 | 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 05 February 2026.
In respect of this programme, Morgan Stanley & Co. International Plc will make trading decisions in relation to the securities independently of the Company for a period from 05 February 2026 up to and including 01 May 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 Morgan Stanley & Co. International Plc 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