Transaction in Own Shares

Shell (SHEL) purchased 1,309,220 shares for cancellation on 21 April 2026 across multiple venues, including LSE, Chi-X, BATS, XAMS, CBOE DXE and TQEX.

Rhea-AI Summary

Shell (SHEL) purchased 1,309,220 shares for cancellation on 21 April 2026 across multiple venues, including LSE, Chi-X, BATS, XAMS, CBOE DXE and TQEX.

The purchases form part of the on- and off-market limbs of the buy-back programme announced on 05 February 2026 and were executed under pre-set parameters to May 1, 2026.

Positive

• 1,309,220 shares purchased for cancellation on 21 April 2026
• Shares bought across 6 trading venues (LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX)

Negative

• None.

Argus Apr 21 session

+0.75% close to close Open Argus

Details

News Market Reaction – SHEL

On Apr 21, the day this news came out, SHEL closed 0.75% above the previous close.

Data tracked by StockTitan Argus for the Apr 21 session.

Key Figures

Shares purchased (LSE): 407,093 shares VWAP (LSE, GBP): 32.7684 GBP Shares purchased (Chi-X CXE): 177,328 shares +5 more

Shares purchased (LSE)

407,093 shares

Repurchased for cancellation on 21/04/2026 at LSE

VWAP (LSE, GBP)

32.7684 GBP

Volume weighted average price on 21/04/2026, LSE

Shares purchased (Chi-X CXE)

177,328 shares

Repurchased for cancellation on 21/04/2026 at Chi-X (CXE)

Shares purchased (BATS BXE)

66,453 shares

Repurchased for cancellation on 21/04/2026 at BATS (BXE)

Shares purchased (XAMS)

387,517 shares

Repurchased for cancellation on 21/04/2026 at XAMS

VWAP (XAMS, EUR)

37.6660 EUR

Volume weighted average price on 21/04/2026, XAMS

Shares purchased (CBOE DXE)

221,057 shares

Repurchased for cancellation on 21/04/2026 at CBOE DXE

Buy-back programme window

05 February 2026 – 01 May 2026

Period during which Morgan Stanley trades independently

Historical Context

5 past events · Latest: Apr 17

5 events

1. Apr 17

   Share buy-back update

   24h Move

   -4.0%

   Reported cancellation of 2,741,165 shares under ongoing repurchase programme.

2. Apr 16

   Share buy-back update

   24h Move

   +1.9%

   Disclosed 1,620,931 shares purchased and cancelled across multiple venues.

3. Apr 15

   Share buy-back update

   24h Move

   -1.7%

   Announced 1,867,329 shares repurchased for cancellation in Europe.

4. Apr 13

   Share buy-back update

   24h Move

   +0.4%

   Detailed 747,124 shares bought back and cancelled under programme.

5. Apr 13

   AGM notice

   24h Move

   +0.4%

   Published 2026 AGM notice and logistics for shareholder participation.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share buy-back programme, volume weighted average price, eu mar, uk mar, +2 more

6 terms

share buy-back programme financial

"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.

volume weighted average price technical

"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 mar regulatory

"dealing with buy-back programmes (“EU MAR”) and EU MAR as “onshored” into UK law..."

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 mar regulatory

"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.

off-market buyback contract financial

"off-market limb will be effected ... pursuant to the off-market buyback contract approved by its shareholders..."

An off-market buyback contract is an agreement where a company agrees to repurchase its shares directly from a specific investor or group of investors, outside of the regular stock exchange or public trading. This allows the company to buy back shares privately, often at a negotiated price, which can influence the company's stock value and impact investor holdings. Such contracts matter to investors because they can affect the supply of shares and the company's financial strategy.

listing rules regulatory

"conducted in accordance with Chapter 9 of the UK Listing Rules and Article 5..."

Listing rules are the set of requirements a stock exchange and regulators impose on companies to join and stay on the exchange, covering things like financial reporting, disclosures, governance and minimum size. They matter to investors because those rules create a basic level of transparency and behavior—think of them as marketplace rules that make it easier to compare sellers, reduce surprises, and protect liquidity and value; breaking the rules can lead to fines, trading suspensions or delisting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Transaction in Own Shares   

21 April 2026

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 21 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
21/04/2026	407,093	32.8750	32.6450	32.7684	LSE	GBP
21/04/2026	177,328	32.8750	32.6500	32.7671	Chi-X (CXE)	GBP
21/04/2026	66,453	32.8750	32.6500	32.7702	BATS (BXE)	GBP
21/04/2026	387,517	37.7700	37.5350	37.6660	XAMS	EUR
21/04/2026	221,057	37.7700	37.5350	37.6644	CBOE DXE	EUR
21/04/2026	49,772	37.7700	37.5350	37.6650	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

• Shell_PDF_2026-04-21

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did Shell (SHEL) repurchase and cancel on 21 April 2026?

Shell repurchased and cancelled 1,309,220 shares on 21 April 2026. According to the company, purchases were executed across six trading venues under its existing buy-back programme announced on 05 February 2026.

What venues and currencies were used for Shell's (SHEL) 21 April 2026 buyback trades?

Trades were executed on LSE, Chi-X, BATS in GBP and XAMS, CBOE DXE, TQEX in EUR. According to the company, this spread reflected on- and off-market limbs of the buy-back programme.

What price ranges did Shell (SHEL) pay for shares on 21 April 2026 during the buyback?

Shell paid between GBP 32.6450–32.8750 and EUR 37.5350–37.7700 per share on 21 April 2026. According to the company, volume-weighted averages were reported per venue for transparency.

Is the 21 April 2026 repurchase part of an ongoing Shell (SHEL) buy-back programme?

Yes. The 21 April trades are part of Shell's buy-back programme announced on 05 February 2026. According to the company, Morgan Stanley will make trading decisions independently up to and including 01 May 2026.

Who executed the buyback trades on behalf of Shell (SHEL) and what oversight applied?

Morgan Stanley & Co. International Plc executed the trades independently on behalf of Shell. According to the company, trades complied with EU MAR, UK MAR and the programme's pre-set parameters through 01 May 2026.