Shell reported $266.9B in revenue and $18.1B in net income for fiscal 2025.
See the full SHEL financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.
Transaction in Own Shares
Shell (SHEL) bought 1,191,059 shares for cancellation on 24 February 2026 across multiple venues and currencies.
Shell (SHEL) bought 1,191,059 shares for cancellation on 24 February 2026 across multiple venues and currencies. Purchases occurred on LSE, Chi-X, BATS, XAMS, CBOE DXE and TQEX with venue-level volume-weighted average prices reported in GBP and EUR. This forms part of the company’s buy-back programme running 05 February 2026 through 01 May 2026, with Morgan Stanley making independent trading decisions within pre-set parameters and in compliance with UK MAR and EU MAR rules.
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Positive
1,191,059 shares repurchased for cancellation on 24 February 2026
Buy-back carried out across six trading venues in GBP and EUR
Programme runs from 05 Feb 2026 to 01 May 2026 with independent broker execution
Negative
None.
News Market Reaction – SHEL
+1.01%
+1.01%Session close to close
In the Feb 24 session, SHEL gained 1.01%, reflecting a mild positive market reaction.
This announcement details another day of share repurchases for cancellation under Shell’s ongoing bu...
Analysis
This announcement details another day of share repurchases for cancellation under Shell’s ongoing buy-back programme running from 05 February 2026 to 01 May 2026, executed across UK and European venues in GBP and EUR. It follows a series of similar daily disclosures over recent sessions. Investors may focus on the consistency of buy-back volumes, how they compare with past periods, and how this capital return interacts with regulatory constraints under EU MAR and UK MAR.
Update on 712,623 shares repurchased across multiple venues under buy-back plan.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent daily buy-back announcements have produced mixed reactions, with three positive and two negative next-day moves, suggesting no consistent directional pattern to similar disclosures.
Recent Company History
Over the past week, Shell has repeatedly disclosed daily share repurchases for cancellation under the buy-back programme running from 05 February 2026 to 01 May 2026. Reported purchases ranged from 61,955 shares on 18 Feb 2026 to 3,407,159 shares on 19 Feb 2026, executed across LSE, Chi-X, BATS, XAMS, CBOE DXE and TQEX in GBP and EUR. Price reactions to these buy-back updates have varied between about -1.37% and +2.48%, indicating that such news has not driven a uniform trend.
Key Terms
share buy-back programme, on-market, off-market, UK Listing Rules, +2 more
6 terms
share buy-back programmefinancial
"These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme"
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.
on-marketfinancial
"The on-market limb will be effected within certain pre-set parameters"
On-market describes buying or selling shares directly through a public stock exchange at the current market price, rather than by a private or negotiated deal. Like buying an item from a store at the posted price instead of haggling privately, on-market trades happen quickly, are visible to other investors, and can move the stock price, so they affect liquidity and provide a transparent signal about supply and demand.
off-marketfinancial
"The off-market limb will be effected in accordance with the Company’s general authority to repurchase shares off-market"
Off-market describes a trade or transfer of securities that happens outside a public exchange, where buyers and sellers negotiate directly or use private arrangements rather than submitting orders on the open market. It matters to investors because these deals can change who controls a company or alter share supply without the usual public price signals, like selling a car privately instead of through a dealership — you may get a different price and the wider market may not immediately react.
UK Listing Rulesregulatory
"The programme will be conducted in accordance with Chapter 9 of the UK Listing Rules"
UK listing rules are a set of regulations that companies must follow to be officially listed on a UK stock exchange. These rules ensure that companies provide clear, accurate, and sufficient information to protect investors and maintain market confidence, similar to how safety standards ensure products are reliable. Adhering to these rules is important for investors because it helps them make informed decisions about buying or selling company shares.
EU MARregulatory
"Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes (“EU MAR”)"
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
"and the EU MAR Delegated Regulation as “onshored” into UK law ... from time to time (“UK MAR”)"
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 24 February 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
24/02/2026
353,285
29.9050
29.6500
29.7829
LSE
GBP
24/02/2026
176,801
29.9050
29.6500
29.7825
Chi-X (CXE)
GBP
24/02/2026
79,163
29.9050
29.6500
29.7904
BATS (BXE)
GBP
24/02/2026
366,794
34.3300
34.0000
34.1917
XAMS
EUR
24/02/2026
175,631
34.3250
34.0050
34.1879
CBOE DXE
EUR
24/02/2026
39,385
34.3250
34.0050
34.1803
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
How many Shell (SHEL) shares were repurchased on 24 February 2026?
Shell repurchased 1,191,059 shares on 24 February 2026. According to the company, purchases were executed across LSE, Chi-X, BATS, XAMS, CBOE DXE and TQEX with venue-level VWAPs reported in GBP and EUR.
Is the 24 February 2026 purchase part of Shell’s existing buy-back programme (SHEL)?
Yes. According to the company, the purchases on 24 February 2026 form part of the on- and off-market limbs of the buy-back programme announced 05 February 2026, running through 01 May 2026.
Which broker executed Shell’s (SHEL) buy-back trades and for what period?
Morgan Stanley executed the buy-back trades independently for Shell. According to the company, Morgan Stanley will trade from 05 February 2026 up to and including 01 May 2026 under pre-set parameters.
On which trading venues and currencies did Shell (SHEL) execute the 24 Feb 2026 buy-backs?
Shell executed trades on LSE, Chi-X, BATS, XAMS, CBOE DXE and TQEX. According to the company, venue-level prices were reported in GBP and EUR with VWAPs supplied.
What regulatory rules govern Shell’s (SHEL) buy-back programme reported 24 February 2026?
The programme is conducted under Chapter 9 of the UK Listing Rules and EU MAR as onshored into UK law. According to the company, the buy-back also follows the EU MAR Delegated Regulation requirements.
Will Shell (SHEL) cancel the shares bought on 24 February 2026?
Yes. According to the company, the shares purchased on 24 February 2026 were bought for cancellation as part of the ongoing repurchase programme, reducing the company’s outstanding share count.
