Transaction in Own Shares
Rhea-AI Summary
Shell (NYSE:SHEL) reported share repurchases on 3 June 2026 under its ongoing buy-back programme.
- Total of 1,400,000 shares bought for cancellation across LSE, Chi-X (CXE) and BATS (BXE).
- Volume-weighted average prices were about £32.64 per share in GBP.
Goldman Sachs International executes trades independently within pre-set parameters from 7 May to 24 July 2026, in line with UK and EU market abuse regulations.
AI-generated analysis. Not financial advice.
Positive
- Repurchase of 1,400,000 shares for cancellation on 3 June 2026
- Buybacks executed around £32.64 volume-weighted average price per share
- Independent execution by Goldman Sachs International within pre-set parameters
Negative
- None.
News Market Reaction – SHEL
On the day this news was published, SHEL declined 0.05%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Shell slipped -0.06% while peers were mixed: some large integrated names like CVX and XOM were positive, while TTE, BP and PBR showed declines, pointing to stock-specific rather than sector-driven trading.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jun 02 | Share buy-back update | Positive | +1.6% | Reported 1,100,000 shares bought back for cancellation at around £31.80. |
| Jun 01 | Share buy-back update | Positive | +1.5% | Disclosed 1,140,000 shares repurchased on 29 May 2026 under buy-back. |
| May 29 | Voting rights disclosure | Neutral | +0.3% | Updated total voting rights and share capital, noting 5,586,155,889 shares. |
| May 29 | Share buy-back update | Positive | +0.3% | Announced 1,829,384 shares repurchased on 28 May 2026 for cancellation. |
| May 28 | Share buy-back update | Positive | +0.0% | Reported 1,979,245 shares bought back on 27 May 2026 across venues. |
Recent buy-back and capital disclosures have coincided with modestly positive next-day moves.
Over late May and early June 2026, Shell has repeatedly reported daily share repurchases for cancellation under its ongoing buy-back programme, with individual updates covering between about 1.0M and 1.98M shares across LSE, Chi-X and BATS at volume‑weighted prices in the low-£30s. A separate disclosure on May 29, 2026 detailed total voting rights and share capital, confirming over 5.58 billion ordinary shares in issue and no treasury shares. These routine regulatory updates frame today’s similar buy-back disclosure as a continuation of established activity.
Market Pulse Summary
This announcement details further buy-backs for cancellation on 03 June 2026 across LSE, Chi-X and BATS at volume-weighted prices around the mid‑£32 level, as part of the programme running from 7 May to 24 July 2026. It follows a series of similar daily disclosures in late May and early June. Investors may track cumulative repurchases, execution prices, and any future updates to capital structure or voting rights alongside broader energy market developments.
Key Terms
buy-back programme financial
uk listing rules regulatory
eu mar regulatory
uk mar regulatory
AI-generated analysis. Not financial advice.
Transaction in Own Shares
03 June, 2026
• • • • • • • • • • • • • • • •
Shell plc (the 'Company') announces that on 03 June, 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 |
| 03/06/2026 | 1,100,000 | LSE | GBP | |||
| 03/06/2026 | 200,000 | Chi-X (CXE) | GBP | |||
| 03/06/2026 | 100,000 | BATS (BXE) | GBP |
These share purchases form part of the Company's share buy-back programme previously announced on 7 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 7 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.
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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