Transaction in Own Shares
Shell (SHEL) purchased 1,382,252 ordinary shares for cancellation on 09 February 2026 across six trading venues, at VWAPs of ~£27.93 and ~€32.15 per share.
Rhea-AI Summary
Shell (SHEL) purchased 1,382,252 ordinary shares for cancellation on 09 February 2026 across six trading venues, at VWAPs of ~£27.93 and ~€32.15 per share. Purchases form part of the on- and off-market buyback programme announced 05 February 2026 and run through 01 May 2026.
Morgan Stanley & Co. International Plc is executing trades independently under preset parameters and in compliance with EU MAR/UK MAR and UK Listing Rules.
Positive
- Total repurchase of 1,382,252 shares on 09 February 2026
- Buyback executed across six trading venues (LSE, CXE, BXE, XAMS, DXE, TQEX) under independent broker execution
Negative
- None.
News Market Reaction – SHEL
In the Feb 9 session, SHEL gained 3.33%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Feb 05 | Buyback execution | Positive | -5.3% | Reported 1.59M shares repurchased for cancellation across UK and EU venues. |
| Feb 05 | Buyback programme | Positive | -5.3% | Announced new $3.5B buyback over about three months for up to 400M shares. |
| Feb 05 | Dividend declaration | Positive | -5.3% | Declared Q4 2025 interim dividend of $0.372 per share, payable March 30, 2026. |
| Feb 05 | Results overview | Positive | -5.3% | Highlighted 2025 free cash flow $26.1B, CFFO $42.9B and a $3.5B buyback. |
| Feb 05 | Earnings results | Neutral | -5.3% | Mixed Q4 and FY 2025 results with higher income but lower adjusted earnings and CFFO. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent shareholder-return and results announcements, including buyback launches and dividend news, were followed by a consistent -5.28% next-day move, indicating prior negative reactions even to generally positive updates.
Over the past few days, Shell has focused on capital returns and results. On Feb 5, it detailed Q4 and full-year 2025 results, highlighting $26.1B free cash flow and a new $3.5B buyback alongside higher dividends. The same day it formally announced the $3.5B buyback structure and reported specific repurchases for cancellation. Each of these events coincided with a -5.28% price reaction, contrasting with today’s more constructive tone as buyback execution continues.
Key Terms
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
09 February 2026
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 09 February 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 |
| 09/02/2026 | 386,804 | 28.1950 | 27.5400 | 27.9256 | LSE | GBP |
| 09/02/2026 | 184,066 | 28.1950 | 27.5850 | 27.9273 | Chi-X (CXE) | GBP |
| 09/02/2026 | 89,676 | 28.1950 | 27.5850 | 27.9250 | BATS (BXE) | GBP |
| 09/02/2026 | 423,846 | 32.4800 | 31.7300 | 32.1508 | XAMS | EUR |
| 09/02/2026 | 254,279 | 32.4800 | 31.7300 | 32.1517 | CBOE DXE | EUR |
| 09/02/2026 | 43,581 | 32.4800 | 31.7300 | 32.1569 | 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
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