Transaction in Own Shares
Rhea-AI Summary
Shell (SHEL) reported buyback activity on 11 June 2026, repurchasing a total of 1,986,023 shares for cancellation across LSE, Chi-X (CXE) and BATS (BXE) in GBP.
These transactions are part of the share buy-back programme running from 7 May to 24 July 2026, executed by Goldman Sachs International within preset regulatory parameters.
AI-generated analysis. Not financial advice.
Positive
- Repurchase of 1,986,023 shares for cancellation on 11 June 2026
- Buyback activity continues under programme running from 7 May to 24 July 2026
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
Core peers in Oil & Gas Integrated (CVX, XOM, TTE, BP, PBR) all showed negative moves while SHEL slipped -0.23%, indicating softness across the group but momentum scanner only flagged EQNR (-4.78%) as in-momentum.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jun 10 | Share buy-back update | Neutral | +0.7% | Reported 9 June 2026 buy-backs on LSE and Chi-X for cancellation. |
| Jun 09 | Share buy-back update | Neutral | -1.5% | Disclosed 8 June 2026 repurchase of 1.2M shares across venues. |
| Jun 08 | Exchange offers notes | Neutral | +1.0% | Announced registered exchange offers for multiple Shell Finance US notes. |
| Jun 08 | Share buy-back update | Neutral | +1.0% | Reported 5 June 2026 repurchases under ongoing buy-back programme. |
| Jun 05 | Share buy-back update | Neutral | -1.5% | Disclosed 4 June 2026 buy-backs on LSE and Chi-X for cancellation. |
Recent news flow is dominated by routine share repurchase updates with small mixed price reactions, suggesting the market has largely priced in the current buy-back programme.
Over the last week, Shell has repeatedly reported buy-backs for cancellation under the programme announced on 7 May 2026, with multiple updates on 4–9 June 2026 detailing purchases of around 1.0–1.25 million shares per day across LSE, Chi-X, and BATS. One additional item covered registered exchange offers for Shell Finance US notes. Today’s transaction in own shares continues this pattern of regular repurchase disclosures within preset MAR-compliant parameters.
Market Pulse Summary
This announcement details another day of repurchases under Shell’s ongoing buy-back programme, including 1,395,700 shares on LSE and additional volumes on Chi-X and BATS at VWAPs around the low‑£30s. It extends a pattern of regular updates since early June 2026, executed independently by Goldman Sachs International within EU and UK MAR frameworks. Investors may track cumulative repurchase volumes and any related SEC filings to gauge capital allocation priorities over time.
Key Terms
uk listing rules regulatory
eu mar regulatory
uk mar regulatory
AI-generated analysis. Not financial advice.
Transaction in Own Shares
11 June, 2026
• • • • • • • • • • • • • • • •
Shell plc (the 'Company') announces that on 11 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 |
| 11/06/2026 | 1,395,700 | LSE | GBP | |||
| 11/06/2026 | 299,500 | Chi-X (CXE) | GBP | |||
| 11/06/2026 | 290,823 | 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.
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
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