Transaction in Own Shares
Rhea-AI Summary
Shell (LON:SHEL) reported share buyback transactions on 2 June 2026 for its ongoing repurchase programme.
The company bought 750,542 shares on the LSE at a VWAP of £31.9460 and 200,000 shares on Chi-X at a VWAP of £31.9019, for cancellation.
Goldman Sachs International executes trades independently between 7 May and 24 July 2026 under EU MAR and UK MAR rules.
AI-generated analysis. Not financial advice.
Positive
- None.
Negative
- None.
News Market Reaction – SHEL
On the day this news was published, SHEL declined 0.06%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SHEL was up 1.65% with key peers also higher: CVX +1.52%, XOM +0.36%, TTE +1.17%, BP +1.56%, while PBR slipped 0.27%. The move occurred within a broadly positive integrated oil & gas backdrop.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jun 01 | Share buy-back update | Positive | +1.5% | Repurchase of 1,140,000 shares for cancellation under ongoing buy-back. |
| May 29 | Capital structure update | Neutral | +0.3% | Disclosure of total ordinary shares in issue and voting rights basis. |
| May 29 | Share buy-back update | Positive | +0.3% | Buy-back of 1,829,384 shares across multiple venues within price range. |
| May 28 | Share buy-back update | Positive | +0.0% | Repurchase of 1,979,245 shares for cancellation at VWAP near £31.12. |
| May 27 | Share buy-back update | Positive | -1.4% | Announcement of 26 May buy-backs under programme started 7 May 2026. |
Repeated buy-back disclosures have generally seen modestly positive price reactions, with one recent divergence.
Recent news for Shell has focused on ongoing share repurchases and capital structure transparency. Multiple "Transaction in Own Shares" updates in late May 2026 detailed buy-backs across LSE, Chi-X and BATS, typically in the £31–£32 range, with most events followed by small positive price moves. A "Voting Rights and Capital" update on May 29, 2026 clarified the total share count and absence of treasury shares. Today’s buy-back disclosure continues this pattern of incremental capital-return updates.
Market Pulse Summary
This announcement details further execution under Shell’s share buy-back programme, with purchases on 02 June 2026 across LSE and Chi-X at volume-weighted prices near £31.9. It follows a series of similar disclosures in late May 2026, all conducted under EU MAR and UK MAR rules. Investors may monitor the cumulative number of shares cancelled, the programme’s scheduled end on 24 July 2026, and how this capital return interacts with overall sector conditions.
Key Terms
eu mar regulatory
uk mar regulatory
market abuse (amendment) (eu exit) regulations (si 2019/310) regulatory
AI-generated analysis. Not financial advice.
Transaction in Own Shares
02 June, 2026
• • • • • • • • • • • • • • • •
Shell plc (the 'Company') announces that on 02 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 |
| 02/06/2026 | 750,542 | LSE | GBP | |||
| 02/06/2026 | 200,000 | Chi-X (CXE) | GBP | |||
| 02/06/2026 | - | - | - | - | 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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