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Shell plc (SHEL) notifies the market of its total voting rights and capital as at 27 February 2026. The company's share capital comprises 5,663,769,613 ordinary shares of €0.07 each, and Shell holds no treasury shares.
The figure may be used as the denominator for FCA Disclosure Guidance and Transparency Rules notifications and includes shares purchased under Shell's buy-back programme that are not yet cancelled.
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Positive
Total shares clearly stated as 5,663,769,613
No treasury shares held by Shell, simplifying register calculations
Disclosure aligns with FCA Transparency Rules for shareholder notifications
Negative
Buy-back purchases included in the figure until cancelled may affect threshold calculations
Disclosed 1,595,356 shares purchased and cancelled under buy-back.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
disclosure guidance and transparency rules, treasury, denominator, fca, +1 more
5 terms
disclosure guidance and transparency rulesregulatory
"In conformity with the Disclosure Guidance and Transparency Rules, we hereby notify..."
Disclosure guidance and transparency rules are the standards and regulations that require companies to share clear, timely information about their finances, risks, operations and material events. They matter to investors because consistent, honest reporting is like a car’s dashboard — it reveals the data you need to judge safety and performance and make informed buying or selling decisions. Strong disclosure reduces surprises and helps keep markets fair and efficient.
treasuryfinancial
"Shell plc holds no shares in Treasury."
The treasury is the department or area within a government or organization responsible for managing its money, finances, and financial strategies. It handles tasks like collecting revenue, paying bills, and planning for future financial needs, much like a household manages its budget. For investors, understanding the treasury is important because it influences interest rates, government spending, and overall economic stability.
denominatortechnical
"The figure, 5,663,769,613, may be used by shareholders as the denominator for the calculation..."
The denominator is the number on the bottom of a fraction that shows the total population or base used to calculate a rate, percentage or ratio — for example, the total shares outstanding when calculating earnings per share, or all trial participants when reporting a safety rate. It matters to investors because changing the denominator (by issuing more shares, changing the population measured, or narrowing the base) can make percentages and per‑unit figures look better or worse even if the underlying raw numbers stay the same, much like changing the size of a pizza makes each slice appear larger or smaller.
fcaregulatory
"...determine if they are required to notify their interest in... under the FCA's Disclosure..."
The FCA is the United Kingdom's financial regulator that oversees banks, brokerages, investment firms and markets to make sure they act fairly, transparently and safely. For investors it matters because the FCA sets rules, enforces protections and can impose penalties or bans that influence market behavior and company reputations—think of it as a referee whose decisions can affect the value and trustworthiness of financial products and firms.
share buy-back programmefinancial
"...includes shares purchased by Shell plc as part of its share buy-back programme but not yet cancelled."
A share buy-back programme is when a company purchases its own shares from the market. This reduces the total number of shares available, which can increase the value of remaining shares and signal confidence in the company's future. For investors, it can be a sign that the company believes its stock is undervalued and may lead to higher share prices.
In conformity with the Disclosure Guidance and Transparency Rules, we hereby notify the market of the following:
Shell plc's capital as at February 27, 2026, consists of 5,663,769,613 ordinary shares of €0.07 each. Shell plc holds no shares in Treasury.
The figure, 5,663,769,613, may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Shell plc under the FCA's Disclosure Guidance and Transparency Rules.
Note: This announcement is made pursuant to Disclosure Guidance and Transparency Rule 5.6.1 and as such, the above figure includes shares purchased by Shell plc as part of its share buy-back programme but not yet cancelled.
Enquiries
Shell Media Relations International +44 (0)207 934 5550; U.S. and Canada: Contact form
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is Shell's total number of ordinary shares as of February 27, 2026 (SHEL)?
Shell has 5,663,769,613 ordinary shares as of February 27, 2026. According to Shell, that figure is the capital number shareholders should use for FCA notification threshold calculations.
Does Shell hold any treasury shares on February 27, 2026 (SHEL)?
No, Shell holds no treasury shares as at February 27, 2026. According to Shell, the company confirms there are no shares held in treasury on that date.
Why does Shell include buy-back purchases in the total share count (SHEL)?
Shell includes buy-back purchases because those shares are not yet cancelled and remain in the capital count. According to Shell, the figure therefore reflects shares bought under the buy-back programme but not yet cancelled.
How should shareholders use Shell's 5,663,769,613 figure for FCA notifications (SHEL)?
Shareholders should use 5,663,769,613 as the denominator when determining FCA notification obligations. According to Shell, this number is provided to calculate whether reporting thresholds under the Disclosure Guidance apply.
Which FCA rule governs Shell's disclosure of total voting rights (SHEL)?
The disclosure is made pursuant to FCA Disclosure Guidance and Transparency Rule 5.6.1. According to Shell, the announcement complies with that rule to notify the market of total voting rights and capital.
