Transaction in Own Shares
Rhea-AI Summary
Shell (SHEL) reports it purchased 1,230,000 shares for cancellation on 07 May 2026 across LSE and Chi-X, at a volume‑weighted average price of approximately £31.2733–£31.2774 per share. Purchases form part of the buy‑back programme announced 07 May 2026.
Goldman Sachs International will make independent trading decisions for the programme from 07 May 2026 through 24 July 2026. Purchases comply with UK MAR and Chapter 9 UK Listing Rules; no trades were reported on BATS on that date.
Positive
- Shares repurchased: 1,230,000 on 07/05/2026
- Volume‑weighted average price paid: ~£31.2733–£31.2774
Negative
- No purchases reported on BATS (BXE) on 07/05/2026
- Trading decisions delegated to Goldman Sachs until 24 July 2026
Key Figures
Market Reality Check
Peers on Argus
SHEL fell 3.39% while key peers were mixed: CVX +0.51%, XOM -0.15%, TTE -0.05%, BP -0.94%, PBR -0.73%. Momentum scanners only flagged CVE up 2.94%, supporting this as a stock-specific move rather than a sector-wide rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 01 | Annual statements filed | Neutral | -1.9% | Publication of Shell International Finance B.V. 2025 annual statements. |
| May 01 | Share buy-back | Positive | -1.9% | Cancellation of 693,729 shares under the existing buy-back programme. |
| Apr 30 | Share buy-back | Positive | +2.0% | Purchase of 1,408,259 shares for cancellation across several venues. |
| Apr 30 | Capital structure update | Neutral | +2.0% | Voting rights and share capital update confirming total ordinary shares. |
| Apr 29 | Share buy-back | Positive | +1.5% | Cancellation of 1,404,019 shares as part of ongoing buy-back. |
Recent buy-back disclosures often coincided with modest price moves, with both positive and negative reactions, suggesting limited but sometimes supportive impact on the share price.
Over late April and early May 2026, Shell reported a series of buy-back transactions, cancelling between roughly 0.7 million and 1.4 million shares per day across multiple venues. These updates, along with voting rights disclosures showing 5,607,066,071 ordinary shares and no treasury stock, highlight an ongoing focus on reducing share count. Price reactions to these buy-back reports were mixed, with some days up around 1.5–2.0% and others down about 1.9%, indicating that repurchases have not produced a consistently directional response.
Market Pulse Summary
This announcement details additional share repurchases for cancellation, including 1,000,000 shares on LSE and 230,000 on Chi-X at VWAPs around £31.27. The activity extends a long-running buy-back pattern executed by banks under preset parameters and within EU/UK MAR and UK Listing Rules. Investors may track cumulative cancellations, voting rights updates, and how the price behaves relative to the 200-day MA at 77.62 and the 94.9 52-week high.
Key Terms
eu mar regulatory
uk mar regulatory
the market abuse (amendment) (eu exit) regulations (si 2019/310) regulatory
buy-back programme financial
AI-generated analysis. Not financial advice.
Transaction in Own Shares
07 May, 2026
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 07 May, 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 |
| 07/05/2026 | 1,000,000 | LSE | GBP | |||
| 07/05/2026 | 230,000 | Chi-X (CXE) | GBP | |||
| 07/05/2026 | - | - | - | - | BATS (BXE) | GBP |
These share purchases form part of the Company's share buy-back programme previously announced on 07 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 07 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
Attachment
