Transaction in Own Shares
Shell (SHEL) announced that on 27 November 2025 it purchased and cancelled a total of 1,470,194 shares across trading venues as part of its existing buy-back programme announced 30 October 2025.
Sentiment and the balance of points
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Rhea-AI Summary
Shell (SHEL) announced that on 27 November 2025 it purchased and cancelled a total of 1,470,194 shares across trading venues as part of its existing buy-back programme announced 30 October 2025.
Purchases reported: 722,180 shares on LSE (VWAP £27.5232) and 748,014 shares on XAMS (VWAP €31.5143). Merrill Lynch International is executing the programme independently for the period 30 Oct 2025–30 Jan 2026. Transactions comply with UK MAR/EU MAR rules and the company’s on‑ and off‑market authorities; shares were cancelled.
Positive
- Purchased 1,470,194 shares for cancellation on 27 November 2025
- Repurchases executed on LSE and XAMS with VWAPs of £27.5232 and €31.5143
- Buy-back executed under existing programme with independent manager (Merrill Lynch) through 30 Jan 2026
Negative
- None.
Details
News Market Reaction – SHEL
The recorded move for SHEL in the trading session of this news was +0.49%.
Data tracked by StockTitan Argus. Session date unavailable.
Key Figures
- Shares repurchased LSE
- 722,180 shares
- 27 Nov 2025 buy-back for cancellation on LSE
- VWAP LSE
- £27.5232
- Volume weighted average price per share on LSE, 27 Nov 2025
- Price range LSE
- £27.4100–£27.6550
- Lowest and highest prices paid on LSE, 27 Nov 2025
- Shares repurchased XAMS
- 748,014 shares
- 27 Nov 2025 buy-back for cancellation on XAMS
- VWAP XAMS
- €31.5143
- Volume weighted average price per share on XAMS, 27 Nov 2025
- Price range XAMS
- €31.4050–€31.6300
- Lowest and highest prices paid on XAMS, 27 Nov 2025
- Buy-back window
- 30 Oct 2025–30 Jan 2026
- Period in which Merrill Lynch International executes trades independently
- Brexit transition end
- 11:00 pm on 31 Dec 2020
- Reference time for onshoring EU MAR into UK law
Historical Context
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Disclosure of 1.51M shares repurchased and cancelled under ongoing programme.
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1.50M shares bought back across LSE and XAMS with detailed VWAPs.
-
Multi-venue repurchases on LSE, BATS, XAMS under existing programme.
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Q3 2025 interim dividend equivalents set in USD, EUR and GBP.
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1.49M shares cancelled with specified VWAPs on LSE and XAMS.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
volume weighted average price technical
on-market limb financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction in Own Shares
27 November, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 27 November, 2025 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 |
| 27/11/2025 | 722,180 | 27.6550 | 27.4100 | 27.5232 | LSE | GBP |
| 27/11/2025 | - | - | - | - | Chi-X (CXE) | GBP |
| 27/11/2025 | - | - | - | - | BATS (BXE) | GBP |
| 27/11/2025 | 748,014 | 31.6300 | 31.4050 | 31.5143 | XAMS | EUR |
| 27/11/2025 | - | - | - | - | CBOE DXE | EUR |
| 27/11/2025 | - | - | - | - | TQEX | EUR |
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 October 2025.
In respect of this programme, Merrill Lynch International will make trading decisions in relation to the securities independently of the Company for a period from 30 October 2025 up to and including 30 January 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 Merrill Lynch 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
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