Transaction in Own Shares
Shell (SHEL) purchased 1,090,750 ordinary shares for cancellation on 25 February 2026 across LSE, Chi-X, BATS and multiple European venues.
Rhea-AI Summary
Shell (SHEL) purchased 1,090,750 ordinary shares for cancellation on 25 February 2026 across LSE, Chi-X, BATS and multiple European venues. Purchases formed part of the buy-back programme announced on 05 February 2026, with Morgan Stanley executing trades through to 01 May 2026.
Aggregated volume-weighted average prices were about £30.01 for GBP trades and €34.47 for EUR trades. The programme is conducted under UK MAR and related EU MAR Delegated Regulation on an on- and off-market basis.
Positive
- Total shares repurchased of 1,090,750 on 25 February 2026
- GBP VWAP approx £30.01 across LSE/Chi-X/BATS
- EUR VWAP approx €34.47 across XAMS/CBOE/TQEX
- Buyback authority executed under existing shareholder-approved programme
Negative
- None.
News Market Reaction – SHEL
In the Feb 25 session, SHEL gained 1.86%, 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 |
|---|---|---|---|---|
| Feb 24 | Daily share buyback | Positive | +1.0% | Reported 1,191,059 shares bought for cancellation under ongoing programme. |
| Feb 23 | Daily share buyback | Positive | +0.2% | Disclosed 1,028,319 shares purchased for cancellation across multiple venues. |
| Feb 20 | Daily share buyback | Positive | -1.4% | Announced 1,595,356 shares purchased and cancelled as part of buy-back. |
| Feb 19 | Daily share buyback | Positive | +0.1% | Detailed 3,407,159 shares bought for cancellation under the programme. |
| Feb 18 | Daily share buyback | Positive | +2.5% | Reported 61,955 shares purchased and cancelled with stated VWAPs in GBP/EUR. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent daily buyback disclosures have usually coincided with small positive price moves, with one notable down day.
Over the past week, Shell has repeatedly reported daily "Transaction in Own Shares" updates, cancelling between 61,955 and 3,407,159 shares per day across UK and European venues. All activity forms part of the buy-back programme running from 05 February 2026 to 01 May 2026, with Morgan Stanley executing trades independently within preset parameters and under EU/UK MAR. Price reactions to these updates have been mostly modestly positive, suggesting the market has treated them as routine capital return disclosures.
Key Terms
volume weighted average price financial
eu mar regulatory
uk mar regulatory
off-market buyback contract financial
listing rules regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction in Own Shares
25 February 2026
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 25 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 |
| 25/02/2026 | 308,628 | 30.0900 | 29.8600 | 30.0088 | LSE | GBP |
| 25/02/2026 | 155,287 | 30.0900 | 29.8600 | 30.0042 | Chi-X (CXE) | GBP |
| 25/02/2026 | 68,586 | 30.0900 | 29.8600 | 30.0106 | BATS (BXE) | GBP |
| 25/02/2026 | 319,156 | 34.5550 | 34.3150 | 34.4667 | XAMS | EUR |
| 25/02/2026 | 194,339 | 34.5550 | 34.3150 | 34.4669 | CBOE DXE | EUR |
| 25/02/2026 | 44,754 | 34.5550 | 34.3150 | 34.4733 | 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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