Transaction in Own Shares

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.

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

Argus May 8 session

-0.32% close to close Open Argus

Details

News Market Reaction – SHEL

On May 8, the day this news came out, SHEL closed 0.32% below the previous close.

Data tracked by StockTitan Argus for the May 8 session.

Key Figures

LSE shares bought: 1,000,000 shares Chi-X shares bought: 230,000 shares LSE VWAP: £31.2733 +5 more

LSE shares bought

1,000,000 shares

Purchased for cancellation on 07 May 2026 at LSE

Chi-X shares bought

230,000 shares

Purchased for cancellation on 07 May 2026 at Chi-X (CXE)

LSE VWAP

£31.2733

Volume weighted average price per share on LSE 07/05/2026

Chi-X VWAP

£31.2774

Volume weighted average price per share on Chi-X 07/05/2026

Highest price paid

£31.6200

Maximum price per share paid on 07/05/2026

Lowest price paid

£30.9450

Minimum price per share paid on LSE 07/05/2026

Buy-back window

07 May 2026–24 July 2026

Period where Goldman Sachs International executes buy-back

Brexit transition end

11:00 pm on 31 December 2020

Time when EU MAR provisions were onshored into UK law

Historical Context

5 past events · Latest: May 01

5 events

1. May 01

   Annual statements filed

   24h Move

   -1.9%

   Publication of Shell International Finance B.V. 2025 annual statements.

2. May 01

   Share buy-back

   24h Move

   -1.9%

   Cancellation of 693,729 shares under the existing buy-back programme.

3. Apr 30

   Share buy-back

   24h Move

   +2.0%

   Purchase of 1,408,259 shares for cancellation across several venues.

4. Apr 30

   Capital structure update

   24h Move

   +2.0%

   Voting rights and share capital update confirming total ordinary shares.

5. Apr 29

   Share buy-back

   24h Move

   +1.5%

   Cancellation of 1,404,019 shares as part of ongoing buy-back.

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, eu mar, uk mar, the market abuse (amendment) (eu exit) regulations (si 2019/310), +1 more

5 terms

share buy-back programme financial

"These share purchases form part of the Company's 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.

eu mar regulatory

"and 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

"and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 ... (“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.

the market abuse (amendment) (eu exit) regulations (si 2019/310) regulatory

"including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time"

A UK government regulation that updates and preserves rules against insider trading, market manipulation and unlawful disclosure after the country left the EU, keeping market conduct standards consistent and enforceable under domestic law. It matters to investors because it sets the “traffic laws” of the market—clarifying what information must be shared, who may trade, and the penalties for cheating—so prices remain fair and legal risk is clearer.

buy-back programme financial

"as a part of the buy-back programme is detailed below."

A buy-back programme is when a company uses cash to repurchase its own shares from the market, reducing the number of shares available to investors. Like a store buying back its own gift cards to concentrate value, buy-backs can raise earnings per share and signal management’s confidence but also use cash that might have funded growth or dividends—details investors watch to judge impact on value and risk.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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	£ 31.6200	£ 30.9450	£ 31.2733	LSE	GBP
07/05/2026	230,000	£ 31.6200	£ 30.9500	£ 31.2774	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

• 20260507_Shell RNS - full version

FAQ

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

How many shares did Shell (SHEL) repurchase on 07 May 2026?

Shell repurchased 1,230,000 shares on 07 May 2026. According to the company, purchases were executed on LSE and Chi‑X with no reported trades on BATS, and the shares were bought for cancellation under the buy‑back programme.

What price did Shell (SHEL) pay per share for the 07 May 2026 buyback?

The volume‑weighted average price paid was about £31.2733–£31.2774 per share. According to the company, highest prices reached £31.62 and lowest around £30.945–£30.95 across reported venues on that date.

Who will execute Shell's (SHEL) buyback trades and for how long?

Goldman Sachs International will make independent trading decisions from 07 May 2026 through 24 July 2026. According to the company, trades will follow pre‑set parameters and the company’s existing repurchase authority.

Are the repurchased Shell (SHEL) shares being cancelled or held as treasury stock?

The repurchased shares were bought for cancellation on 07 May 2026. According to the company, purchases form part of the announced buy‑back programme and the reported lots were cancelled following acquisition.

Did Shell (SHEL) report trades across all trading venues on 07 May 2026?

No; Shell reported purchases on LSE and Chi‑X but no trades on BATS for 07 May 2026. According to the company, venue‑level breakdown is included in the aggregated purchase disclosure.