Shell reported $266.9B in revenue and $18.1B in net income for fiscal 2025.
See the full SHEL financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.
Transaction in Own Shares
Shell (NYSE:SHEL) reported share repurchases on 8 May 2026 for cancellation under its previously announced buy-back programme.
Shell (NYSE:SHEL) reported share repurchases on 8 May 2026 for cancellation under its previously announced buy-back programme. Purchases included 900,000 shares on the LSE, 200,000 shares on Chi-X (CXE), and 96,870 shares on BATS (BXE), all in GBP.
Goldman Sachs International is executing the programme independently between 7 May and 24 July 2026 within pre-set parameters and in line with EU MAR and UK MAR regulations.
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Positive
Repurchase of 900,000 Shell shares on LSE for cancellation
Repurchase of 200,000 Shell shares on Chi-X (CXE) for cancellation
Repurchase of 96,870 Shell shares on BATS (BXE) for cancellation
Buy-back executed under pre-announced programme with independent broker mandate
Negative
None.
News Market Reaction – SHEL
+1.66%
+1.66%Session close to close
In the May 11 session, SHEL gained 1.66%, reflecting a mild positive market reaction.
This announcement details specific share repurchases for cancellation on 08 May 2026 across LSE, Chi...
Analysis
This announcement details specific share repurchases for cancellation on 08 May 2026 across LSE, Chi‑X and BATS, executed under the buyback programme launched on 07 May 2026. It confirms that trades are carried out by Goldman Sachs International within preset parameters and in full compliance with UK Listing Rules and EU/UK MAR. In context of recent Q1 results and the $3.0 billion buyback authorization, investors may watch ongoing daily repurchase volumes and any further capital return disclosures.
Published 2025 annual financial statements for Shell International Finance B.V.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent news, including buybacks, dividends, and strong Q1 results, has repeatedly coincided with negative next-day price moves, indicating a pattern of downside divergence on objectively positive updates.
Recent Company History
Recent disclosures show Shell combining capital returns with solid operating performance. On May 7, 2026, it reported Q1 2026 adjusted earnings of $6.9 billion, announced a new $3.0 billion buyback and a 5% dividend increase to $0.3906 per share, alongside the ARC Resources acquisition. The same day it detailed Q1 unaudited results with $6,915m adjusted earnings and $5.3bn shareholder distributions, plus a separate notice of the new buyback programme and an interim dividend. Despite this, shares fell about 3.39% after each of those May 7 releases.
Key Terms
share buy-back programme, eu mar, uk mar, volume weighted average price, +1 more
5 terms
share buy-back programmefinancial
"These share purchases form part of the Company's share buy-back programme previously announced"
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 marregulatory
"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 marregulatory
"from time to time (“UK MAR”) and the Commission Delegated Regulation (EU) 2016/1052"
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.
volume weighted average pricetechnical
"Volume weighted average price paid per share | Venue | Currency"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
"including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time."
A set of UK rules that update the law on insider trading, market manipulation and related disclosure duties to reflect the country’s departure from the EU. It is essentially an updated rulebook that keeps enforcement powers, reporting requirements and protections for honest investors working smoothly after the legal change; investors care because it clarifies what behaviour is illegal, how markets stay fair, and what companies must disclose.
Shell plc (the ‘Company’) announces that on 08 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
08/05/2026
900,000
£ 31.1500
£ 30.7850
£ 30.9945
LSE
GBP
08/05/2026
200,000
£ 31.1450
£ 30.7950
£ 30.9899
Chi-X (CXE)
GBP
08/05/2026
96,870
£ 31.1400
£ 30.8050
£ 31.0050
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.
What share buyback did Shell (NYSE:SHEL) report on 8 May 2026?
Shell reported buying back shares for cancellation on 8 May 2026 as part of its ongoing programme. According to Shell, purchases were made across LSE, Chi-X (CXE), and BATS (BXE) in GBP under preset parameters and regulatory rules.
How many Shell shares were repurchased on the LSE on 8 May 2026?
Shell repurchased 900,000 shares on the London Stock Exchange on 8 May 2026. According to Shell, these shares were bought for cancellation under its buy-back programme, with prices between £30.7850 and £31.1500 and a volume-weighted average of £30.9945.
At what prices did Shell buy back SHEL shares on Chi-X (CXE) on 8 May 2026?
Shell bought 200,000 shares on Chi-X (CXE) on 8 May 2026. According to Shell, the highest price paid was £31.1450, the lowest was £30.7950, and the volume-weighted average price was £30.9899 per share, all in GBP.
What were the details of Shell's SHEL share repurchases on BATS (BXE) on 8 May 2026?
Shell repurchased 96,870 shares on BATS (BXE) on 8 May 2026. According to Shell, the highest price was £31.1400, the lowest £30.8050, and the volume-weighted average price was £31.0050 per share, with the shares bought for cancellation.
Who is executing Shell's SHEL share buyback programme in 2026 and over what period?
Goldman Sachs International is executing Shell’s share buyback programme independently. According to Shell, Goldman Sachs will make trading decisions from 7 May 2026 up to and including 24 July 2026 within pre-set parameters and applicable EU MAR and UK MAR rules.
How is Shell’s May 2026 share buyback programme for SHEL shares regulated?
Shell’s buyback is conducted under EU MAR and UK MAR rules governing share repurchases. According to Shell, trades are executed within its general authority to repurchase shares and comply with Chapter 9 of the UK Listing Rules and related delegated regulations.
