Transaction in Own Shares
Shell (SHEL) purchased a total of 1,479,234 shares for cancellation on 02 January 2026 as part of its ongoing buy‑back programme announced 30 October 2025.
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Rhea-AI Summary
Shell (SHEL) purchased a total of 1,479,234 shares for cancellation on 02 January 2026 as part of its ongoing buy‑back programme announced 30 October 2025. Purchases by venue were 739,498 shares on LSE at a VWAP of £27.6069 and 739,736 shares on XAMS at a VWAP of €31.7332. Merrill Lynch International is executing trades independently for the programme running from 30 October 2025 through 30 January 2026 under the company’s on‑ and off‑market authorities. The programme is being conducted in accordance with UK MAR and applicable delegated EU MAR rules as onshored into UK law.
Details
News Market Reaction – SHEL
On Jan 2, the day this news came out, SHEL closed 2.67% above the previous close.
Data tracked by StockTitan Argus for the Jan 2 session.
Key Figures
- LSE shares bought
- 739,498 shares
- Purchased for cancellation on 02/01/2026, LSE venue
- LSE VWAP
- £27.6069
- Volume weighted average price, 02/01/2026 LSE purchases
- LSE price range
- £27.4150–£27.8000
- Lowest to highest price paid, 02/01/2026
- XAMS shares bought
- 739,736 shares
- Purchased for cancellation on 02/01/2026, XAMS venue
- XAMS VWAP
- €31.7332
- Volume weighted average price, 02/01/2026 XAMS purchases
- XAMS price range
- €31.5050–€31.9300
- Lowest to highest price paid, 02/01/2026
- Programme start
- 30 October 2025
- Start of current buy-back mandate with Merrill Lynch International
- Programme end date
- 30 January 2026
- End of period where Merrill Lynch trades independently
Historical Context
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Update on total voting rights and share capital at year-end.
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Disclosure of daily buy-back volumes on LSE and XAMS.
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Ongoing programme purchases and cancellations across venues.
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Reported own-share purchases under existing buy-back authority.
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Holiday-period buy-back activity on LSE and XAMS.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
EU MAR regulatory
UK MAR regulatory
UK Listing Rules regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction in Own Shares
02 January, 2026
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 02 January, 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 |
| 02/01/2026 | 739,498 | 27.8000 | 27.4150 | 27.6069 | LSE | GBP |
| 02/01/2026 | - | - | - | - | Chi-X (CXE) | GBP |
| 02/01/2026 | - | - | - | - | BATS (BXE) | GBP |
| 02/01/2026 | 739,736 | 31.9300 | 31.5050 | 31.7332 | XAMS | EUR |
| 02/01/2026 | - | - | - | - | CBOE DXE | EUR |
| 02/01/2026 | - | - | - | - | 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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