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Transaction in Own Shares

Shell (SHEL) purchased 1,588,690 shares for cancellation on 05 February 2026 across UK and European trading venues.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Shell (SHEL) purchased 1,588,690 shares for cancellation on 05 February 2026 across UK and European trading venues. Purchases were executed on LSE, Chi-X, BATS, XAMS, CBOE DXE and TQEX with GBP prices ranged £27.64–£28.585 and EUR prices ranged €31.865–€33.00. Morgan Stanley will trade independently under the existing buy-back programme through 01 May 2026.

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Positive

  • Total shares repurchased: 1,588,690 on 05 February 2026
  • Buy-back executed across six venues (LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX)
  • Independent trading by Morgan Stanley under the programme through 01 May 2026

Negative

  • None.
Argus Feb 5 session
-5.28% close to close Open Argus
Details

News Market Reaction – SHEL

On Feb 5, the day this news came out, SHEL closed 5.28% below the previous close.

Data tracked by StockTitan Argus for the Feb 5 session.

Key Figures

Shares repurchased LSE: 464,002 shares VWAP LSE: 28.0976 GBP Shares repurchased Chi-X: 212,057 shares +5 more
Shares repurchased LSE
464,002 shares
Purchased for cancellation on LSE 05/02/2026
VWAP LSE
28.0976 GBP
Volume weighted average price on LSE 05/02/2026
Shares repurchased Chi-X
212,057 shares
Purchased for cancellation on Chi-X (CXE) 05/02/2026
Shares repurchased BATS
110,499 shares
Purchased for cancellation on BATS (BXE) 05/02/2026
Shares repurchased XAMS
455,740 shares
Purchased for cancellation on XAMS 05/02/2026
VWAP XAMS
32.4258 EUR
Volume weighted average price on XAMS 05/02/2026
Programme period
05 February 2026 to 01 May 2026
Period during which Morgan Stanley trades independently
Highest price XAMS
33.0000 EUR
Highest price paid per share on XAMS 05/02/2026

Historical Context

5 past events · Latest: Jan 30
5 events
  1. Jan 30

    Share buy-back

    24h Move
    -0.6%

    Disclosure of 1,361,056 shares repurchased and cancelled under existing programme.

  2. Jan 30

    Capital structure update

    24h Move
    -0.6%

    Notification of 5,687,196,643 ordinary shares as voting rights denominator.

  3. Jan 29

    Share buy-back

    24h Move
    +2.2%

    Repurchase and cancellation of 1,351,003 shares across LSE and XAMS.

  4. Jan 28

    Share buy-back

    24h Move
    +0.5%

    Purchase and cancellation of 1,080,959 shares with reported VWAPs in GBP and EUR.

  5. Jan 26

    Share buy-back

    24h Move
    -0.7%

    Repurchase of 1,313,901 shares for cancellation on LSE and XAMS venues.

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, uk listing rules, eu mar, uk mar, +1 more
5 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.
uk listing rules regulatory
"The programme will be conducted in accordance with Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation..."
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 mar regulatory
"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 mar regulatory
"EU MAR 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.
off-market buyback contract financial
"pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein."
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.

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

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Transaction in Own Shares   

05 February 2026

• • • • • • • • • • • • • • • •

Shell plc (the ‘Company’) announces that on 05 February 2026 it purchased the following number of Shares for cancellation.

Aggregated information on Shares purchased according to trading venue:

Date of PurchaseNumber of Shares purchasedHighest price paid

 
Lowest price paid

 
Volume weighted average price paid per shareVenueCurrency
05/02/2026464,00228.585027.640028.0976LSEGBP
05/02/2026212,05728.585027.640028.0972Chi-X (CXE)
GBP
05/02/2026110,49928.570027.645028.1092BATS (BXE)
GBP
05/02/2026455,74033.000031.865032.4258XAMSEUR
05/02/2026293,98733.000031.870032.4427CBOE DXEEUR
05/02/202652,40533.000031.960032.5266TQEXEUR

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


FAQ

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

How many shares did Shell (SHEL) buy back on 05 February 2026?

Shell repurchased 1,588,690 shares on 05 February 2026. According to the company, purchases were made across UK and European venues for cancellation under its existing buy-back programme.

What price range did Shell (SHEL) pay per share in the 05 February 2026 buyback?

Shell paid between £27.64 and £28.585 in GBP venues and €31.865 and €33.00 in EUR venues. According to the company, volume-weighted averages are provided per trading venue.

Which trading venues were used for Shell's (SHEL) 05 February 2026 purchases?

Purchases occurred on LSE, Chi-X, BATS, XAMS, CBOE DXE and TQEX. According to the company, the buyback used both on-market and off-market limbs across these venues.

Who is managing Shell's (SHEL) share buy-back executions through May 2026?

Morgan Stanley & Co. International Plc will make trading decisions independently through 01 May 2026. According to the company, Morgan Stanley will execute within pre-set parameters of the buy-back programme.

Is Shell's (SHEL) buy-back on 05 February 2026 part of a broader programme and what is its status?

Yes, the purchases form part of Shell's existing on- and off-market buy-back programme. According to the company, the programme operates under UK MAR and will run up to and including 01 May 2026.

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