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Transaction in Own Shares

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Shell (LSE:SHEL) reported that on 24 August 2026 it repurchased shares for cancellation under its existing share buy-back programme. Purchases totalled 1,625,000 shares across the LSE, Chi-X (CXE), BATS (BXE) and XAMS, in GBP and EUR.

The LSE tranche was 1,250,000 shares at a volume-weighted average price of £34.0690, with additional trades on Chi-X and BATS at similar prices, and 25,000 shares on XAMS at a VWAP of €39.8748. According to Shell, Goldman Sachs International is executing the programme independently from 30 July to 23 October 2026, in line with EU MAR and UK MAR rules.

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Positive

  • 1,625,000 shares repurchased for cancellation on 24 August 2026
  • LSE buyback volume-weighted average price £34.0690 for 1,250,000 shares
  • XAMS repurchase of 25,000 shares at VWAP €39.8748
  • Buy-back programme execution by Goldman Sachs International to 23 October 2026

Negative

  • None.

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Transaction in Own Shares

August 24, 2026

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Shell plc (the 'Company') announces that on 24 August 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 paidLowest price paidVolume weighted average price paid per shareVenueCurrency
24/08/20261,250,000£ 34.2200£ 33.8800£ 34.0690LSEGBP
24/08/2026250,000£ 34.2200£ 33.8850£ 34.0682Chi-X (CXE)GBP
24/08/2026100,000£ 34.2200£ 33.8950£ 34.0655BATS (BXE)GBP
24/08/202625,000€ 40.0700€ 39.7000€ 39.8748XAMSEUR
24/08/2026----CBOE DXEEUR
24/08/2026----TQEXEUR

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

Attachment


FAQ

How many Shell (SHEL) shares were repurchased on 24 August 2026?

Shell repurchased a total of 1,625,000 shares for cancellation on 24 August 2026. According to Shell, these were bought across the LSE, Chi-X (CXE), BATS (BXE) and XAMS as part of its existing share buy-back programme.

What prices did Shell (SHEL) pay in its 24 August 2026 buyback?

Shell paid volume-weighted average prices of £34.0690 on the LSE, £34.0682 on Chi-X, £34.0655 on BATS, and €39.8748 on XAMS. According to Shell, these trades formed part of its ongoing share buy-back programme.

Which trading venues were used in Shell’s (SHEL) share buyback on 24 August 2026?

Shell used the LSE, Chi-X (CXE), BATS (BXE) and XAMS venues for its 24 August 2026 repurchases. According to Shell, there were also reporting lines for CBOE DXE and TQEX that showed no trades executed that day.

Is Shell’s (SHEL) August 2026 share repurchase part of a wider buyback programme?

Yes, the 24 August 2026 repurchases are part of Shell’s existing share buy-back programme announced 30 July 2026. According to Shell, Goldman Sachs International independently executes trades under this programme from 30 July to 23 October 2026 within pre-set parameters.

Who manages trading decisions for Shell’s (SHEL) 2026 share buy-back programme?

Trading decisions are made independently by Goldman Sachs International for a defined period. According to Shell, Goldman Sachs manages repurchases from 30 July 2026 up to and including 23 October 2026 under on- and off-market buy-back authorities and regulatory rules.

Under which regulations is Shell’s (SHEL) 2026 share buyback conducted?

Shell conducts its 2026 buy-back in accordance with EU MAR, UK MAR, and the EU MAR Delegated Regulation. According to Shell, the programme also complies with Chapter 9 of the UK Listing Rules and operates within pre-set buy-back parameters.