Transaction in Own Shares
Rhea-AI Summary
Shell (LSE: SHEL) reported that on 30 July 2026 it purchased shares for cancellation under its existing share buy-back programme. The company bought 1,000,000 shares on the LSE at a volume-weighted average price of £33.4619 and 500,000 shares on XAMS at €39.1638 per share.
These purchases are part of the on- and off-market limbs of the programme announced on 30 July 2026. Goldman Sachs International will independently execute trades for Shell between 30 July 2026 and 23 October 2026, in compliance with UK and EU market abuse regulations.
Positive
- 1,500,000 shares repurchased for cancellation on 30 July 2026 across LSE and XAMS
- LSE buyback tranche: 1,000,000 shares at VWAP of £33.4619
- XAMS buyback tranche: 500,000 shares at VWAP of €39.1638
- Buy-back programme execution delegated to Goldman Sachs International through 23 October 2026
Negative
- None.
News Explained
Shell has completed the disclosed share purchases, but the release records them as purchases “for cancellation,” not as completed cancellations: the company has bought the shares, while the ownership effect of retiring them remains a subsequent step rather than a completed change in shares outstanding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction in Own Shares
30 July 2026
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 30 July 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 |
| 30/07/2026 | 1,000,000 | LSE | GBP | |||
| 30/07/2026 | - | - | - | - | Chi-X (CXE) | GBP |
| 30/07/2026 | - | - | - | - | BATS (BXE) | GBP |
| 30/07/2026 | 500,000 | XAMS | EUR | |||
| 30/07/2026 | - | - | - | - | CBOE DXE | EUR |
| 30/07/2026 | - | - | - | - | 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 30 July 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 30 July 2026 up to and including 23 October 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 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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