Transaction in Own Shares
Rhea-AI Summary
Shell (NYSE:SHEL) repurchased shares for cancellation on 5 June 2026 under its ongoing share buy-back programme. A total of 1,250,000 shares were bought across LSE and Chi-X at volume-weighted average prices of £32.3157 and £32.3127 respectively.
The programme, announced on 7 May 2026, is executed by Goldman Sachs International within preset parameters and in compliance with EU and UK Market Abuse Regulations, running up to and including 24 July 2026.
AI-generated analysis. Not financial advice.
Positive
- Repurchase of 1,250,000 shares for cancellation on 5 June 2026
- Buy-backs executed at VWAPs around £32.31 per share
- Ongoing buy-back programme running from 7 May to 24 July 2026
- Use of independent broker Goldman Sachs International for execution
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
SHEL was down 1.53% while key integrated peers also traded lower: CVX -0.81%, XOM -1.37%, TTE -1.26%, BP -1.96%, PBR -1%. Momentum scanner only flagged IMO up 4.27%, supporting a mixed, stock-specific reading rather than a broad momentum-driven sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jun 04 | Share buy-back update | Positive | -0.1% | Reported 1,400,000 shares repurchased on 3 June 2026 for cancellation. |
| Jun 03 | Share buy-back update | Positive | -0.1% | Disclosed 950,542 shares repurchased on 2 June 2026 across LSE and Chi-X. |
| Jun 02 | Share buy-back update | Positive | +1.6% | Announced 1,100,000 shares bought back on 1 June 2026 for cancellation. |
| Jun 01 | Share buy-back update | Positive | +1.5% | Reported 1,140,000 shares repurchased on 29 May 2026 under buy-back. |
| May 29 | Voting rights update | Neutral | +0.3% | Updated total voting rights to 5,586,155,889 shares with no treasury stock. |
Recent buy-back disclosures have triggered mostly modest moves, with two small negative reactions (-0.05%, -0.06%) and two positive ones (+1.65%, +1.53%), suggesting limited but occasionally supportive impact from similar announcements.
Over the last weeks, Shell has consistently reported daily share repurchases under its ongoing buy-back programme. Between 29 May and 3 June 2026, the company disclosed multiple transactions, typically around 1.0–1.4 million shares per day across LSE and Chi-X, at volume-weighted prices near £31–£32.6. Price reactions to these updates ranged from slightly negative (-0.06%) to constructive (+1.65%). A separate May 29, 2026 voting rights update confirmed 5,586,155,889 shares outstanding and no treasury shares, framing how ongoing cancellations affect capital structure.
Market Pulse Summary
This announcement details another day of repurchases under Shell’s ongoing share buy-back, including 1,000,000 shares on the LSE and 250,000 on Chi-X at VWAPs just above £32.31. Recent history shows similar daily updates, with modest price moves both up and down following disclosures. Investors may watch cumulative shares cancelled, changes in voting rights, and how these transactions interact with movements in major peers across the integrated energy sector.
Key Terms
uk listing rules regulatory
eu mar regulatory
uk mar regulatory
AI-generated analysis. Not financial advice.
Transaction in Own Shares
05 June, 2026
• • • • • • • • • • • • • • • •
Shell plc (the 'Company') announces that on 05 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 |
| 05/06/2026 | 1,000,000 | LSE | GBP | |||
| 05/06/2026 | 250,000 | Chi-X (CXE) | GBP | |||
| 05/06/2026 | - | - | - | - | 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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