Transaction in Own Shares
Shell plc (SHEL) announces that on 26 November 2025 it purchased shares for cancellation under its existing buy-back programme announced on 30 October 2025.
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Rhea-AI Summary
Shell plc (SHEL) announces that on 26 November 2025 it purchased shares for cancellation under its existing buy-back programme announced on 30 October 2025. Aggregated trades on 26/11/2025 show 747,233 shares on LSE (VWAP £27.6548) and 742,836 shares on XAMS (VWAP €31.5992). Merrill Lynch International will trade independently for the programme from 30 October 2025 to 30 January 2026. Purchases are effected on- and off-market within pre-set parameters and in compliance with UK MAR and EU MAR rules.
Details
News Market Reaction – SHEL
On Nov 26, the day this news came out, SHEL closed 0.84% above the previous close.
Data tracked by StockTitan Argus for the Nov 26 session.
Key Figures
- Shares repurchased LSE
- 747,233 shares
- On-market buy-back on LSE on 26/11/2025 for cancellation
- VWAP LSE
- £27.6548
- Volume weighted average price per share on LSE 26/11/2025
- Shares repurchased XAMS
- 742,836 shares
- On-market buy-back on XAMS on 26/11/2025 for cancellation
- VWAP XAMS
- €31.5992
- Volume weighted average price per share on XAMS 26/11/2025
- Buy-back window
- 30 Oct 2025–30 Jan 2026
- Period during which Merrill Lynch International executes the programme
- June 2025 cancellations
- 34.2 million shares
- Cumulative ordinary shares cancelled in June 2025 under prior programme
- Q3 2025 dividend
- US$0.358 per share
- Interim dividend per ordinary share declared 30 Oct 2025
- Current share price
- $72.86
- Price before this 26 November 2025 buy-back announcement
Historical Context
-
Announcement of 1,507,757 shares repurchased and cancelled under ongoing buy-back.
-
Disclosure of 1,500,759 shares repurchased across LSE and XAMS venues.
-
Update on multi-venue buy-backs including LSE, BATS, and XAMS repurchases.
-
Q3 2025 dividend currency equivalents, including US$0.358 per ordinary share.
-
Disclosure of 1,485,081 shares repurchased and cancelled 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
market abuse regulation regulatory
eu mar regulatory
uk mar regulatory
buy-back programme financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Transaction in Own Shares
26 November, 2025
• • • • • • • • • • • • • • • •
Shell plc (the ‘Company’) announces that on 26 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 |
| 26/11/2025 | 747,233 | 27.7650 | 27.4900 | 27.6548 | LSE | GBP |
| 26/11/2025 | - | - | - | - | Chi-X (CXE) | GBP |
| 26/11/2025 | - | - | - | - | BATS (BXE) | GBP |
| 26/11/2025 | 742,836 | 31.7500 | 31.3700 | 31.5992 | XAMS | EUR |
| 26/11/2025 | - | - | - | - | CBOE DXE | EUR |
| 26/11/2025 | - | - | - | - | 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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