Transaction in Own Shares
Rhea-AI Summary
Shell (SHEL) purchased and cancelled 1,109,500 shares on 05 March 2026 across six trading venues (LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX).
The buybacks form part of the on- and off-market limbs of the existing buy-back programme announced 05 February 2026, managed independently by Morgan Stanley from 05 February 2026 to 01 May 2026, and conducted under UK MAR/EU MAR rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Positive
- 1,109,500 shares purchased and cancelled on 05 March 2026
- Repurchases executed across six trading venues in GBP and EUR
- Morgan Stanley made independent trading decisions under the buy-back programme
- Buyback conducted inside regulatory frameworks: UK MAR/EU MAR
Negative
- Shares purchased for cancellation reduce issued share count and available float
- Repurchases executed in both GBP and EUR may create currency and execution price dispersion
News Market Reaction – SHEL
On the day this news was published, SHEL gained 0.29%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Mar 04 | Share buy-back | Positive | +0.5% | Repurchase and cancellation of 1,949,746 shares under ongoing buy-back. |
| Mar 04 | Insider award | Positive | +0.5% | Conditional award of 11,269 shares to senior executive under share plan. |
| Mar 03 | Share buy-back | Positive | -2.2% | Purchase and cancellation of 2,060,266 shares across UK and EU venues. |
| Mar 02 | Share buy-back | Positive | +0.8% | Repurchase of 153,314 shares for cancellation across six trading venues. |
| Feb 27 | Share buy-back | Positive | +2.9% | Purchase of 867,321 shares for cancellation under existing buy-back. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent buy-back and share-related disclosures have generally coincided with modestly positive or stable price reactions, with one notable down day.
Over late February and early March 2026, Shell reported several buy-back transactions, cancelling shares across UK and EU venues under the programme announced on 05 February 2026. Daily repurchases ranged from 153,314 to over 2 million shares, with trading managed independently by Morgan Stanley. A director share award on 02 March 2026 was also disclosed. Price reactions around these events were mostly modestly positive, framing today’s further buy-back disclosure as a continuation of this capital return pattern.
Key Terms
volume weighted average price technical
uk listing rules regulatory
eu mar regulatory
uk mar regulatory
off-market buyback contract financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction in Own Shares
05 March 2026
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 05 March 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 |
| 05/03/2026 | 353,917 | 31.1950 | 30.6950 | 30.9521 | LSE | GBP |
| 05/03/2026 | 156,909 | 31.1950 | 30.6800 | 30.9576 | Chi-X (CXE) | GBP |
| 05/03/2026 | 55,602 | 31.1950 | 30.7100 | 30.9714 | BATS (BXE) | GBP |
| 05/03/2026 | 309,517 | 35.8950 | 35.2650 | 35.6158 | XAMS | EUR |
| 05/03/2026 | 200,522 | 35.9250 | 35.2600 | 35.6388 | CBOE DXE | EUR |
| 05/03/2026 | 33,033 | 35.8950 | 35.2700 | 35.6016 | 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 05 February 2026.
In respect of this programme, Morgan Stanley & Co. International Plc will make trading decisions in relation to the securities independently of the Company for a period from 05 February 2026 up to and including 01 May 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 Morgan Stanley & Co. International Plc 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
