Transaction in Own Shares
Shell (SHEL) announces on 28 November 2025 it purchased 1,486,151 shares for cancellation under its ongoing buy-back programme announced 30 October 2025.
Sentiment and the balance of points
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Rhea-AI Summary
Shell (SHEL) announces on 28 November 2025 it purchased 1,486,151 shares for cancellation under its ongoing buy-back programme announced 30 October 2025.
Purchases by trading venue: 745,731 shares on LSE at VWAP £27.8192, and 740,420 shares on XAMS at VWAP €31.8187. No trades were reported on Chi-X, BATS, CBOE DXE or TQEX for the date.
The programme is managed by Merrill Lynch International (making independent trading decisions) and runs from 30 October 2025 up to and including 30 January 2026, conducted under UK MAR and EU MAR rules and the company’s repurchase authorities.
Positive
- Total shares repurchased of 1,486,151 on 28/11/2025
- LSE VWAP £27.8192 and XAMS VWAP €31.8187 reported
- Buy-back runs through 30 January 2026 under authorised programme
Negative
- No purchases reported on Chi-X, BATS, CBOE DXE, TQEX for 28/11/2025
- Transactions limited to two venues on reporting date, reducing execution diversity
Details
News Market Reaction – SHEL
On Nov 28, the day this news came out, SHEL closed 0.49% above the previous close.
Data tracked by StockTitan Argus for the Nov 28 session.
Key Figures
- Shares repurchased LSE
- 745,731 shares
- 28 November 2025 buy-back, LSE venue
- VWAP LSE
- 27.8192 GBP
- Volume weighted average price on LSE, 28 November 2025
- Shares repurchased XAMS
- 740,420 shares
- 28 November 2025 buy-back, XAMS venue
- VWAP XAMS
- 31.8187 EUR
- Volume weighted average price on XAMS, 28 November 2025
- Interim dividend
- US$0.358 per share
- Q3 2025 interim dividend declared October 30, 2025
- Dividend euro equivalent
- €0.3070 per share
- Q3 2025 interim dividend currency election
- Dividend sterling equivalent
- 26.85p per share
- Q3 2025 interim dividend currency election
Historical Context
-
Reported 1,507,757 shares bought back and cancelled under ongoing programme.
-
Disclosed 1,500,759 shares repurchased across LSE and XAMS with stated VWAPs.
-
Detailed multi-venue repurchases on 08 Dec under the existing buy-back.
-
Confirmed Q3 2025 interim dividend of US$0.358 with euro and GBP equivalents.
-
Announced 1,485,081 shares repurchased and cancelled on 05 Dec 2025.
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
EU MAR regulatory
UK MAR regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction in Own Shares
28 November, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 28 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 |
| 28/11/2025 | 745,731 | 27.9350 | 27.6700 | 27.8192 | LSE | GBP |
| 28/11/2025 | - | - | - | - | Chi-X (CXE) | GBP |
| 28/11/2025 | - | - | - | - | BATS (BXE) | GBP |
| 28/11/2025 | 740,420 | 31.9550 | 31.5950 | 31.8187 | XAMS | EUR |
| 28/11/2025 | - | - | - | - | CBOE DXE | EUR |
| 28/11/2025 | - | - | - | - | 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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