Shell plc filings document foreign-issuer reports on Form 6-K, capital-return announcements and securities-registration matters tied to its ordinary shares and American depositary shares. The 6-K record includes interim dividend information, share buyback commencement disclosures and Director/PDMR shareholding notifications made under UK and EU market-abuse regimes.
The filing record also includes Form 25 notices for removal from NYSE listing and Section 12(b) registration of a class of guaranteed notes for which Shell plc was guarantor. Related disclosures reference Form F-3 registration statements involving Shell plc, Shell Finance US Inc. and Shell International Finance B.V., as well as Shell plc Form S-8 registration statements.
Shell plc reported that its Chief Legal Officer, Philippa Bounds, disposed of 8,000 ordinary shares of €0.07 each in the company. The shares were sold at a price of £33.80 per share on 31 July 2026 on the London Stock Exchange, for a total value of £270,400.
The transaction is disclosed as a Director/PDMR shareholding in line with the requirements of the EU and UK Market Abuse Regimes.
Shell plc has announced changes to the leadership of its Audit and Risk Committee. Ann Godbehere will step down as Chair and as a member of the Audit and Risk Committee with effect from August 1, 2026, after serving for more than eight years on the committee, including seven years as its Chair. Holly Keller Koeppel, a Non-executive Director of Shell plc and current member of the Audit and Risk Committee, has been appointed as the new Chair of the committee, also effective August 1, 2026. The company states that this notification is made in accordance with UKLR 6.4.6R.
Shell plc announced an interim dividend for the second quarter of 2026 of US$0.3906 per ordinary share, equivalent to US$0.7812 per ADS since each ADS represents two ordinary shares. Shareholders can elect to receive the dividend in US dollars, euros or pounds sterling, with currency election closing at 11:00am GMT on 28 August 2026. The dividend timetable includes an ex-dividend date of 13 August 2026 for ordinary shares, 14 August 2026 for ADSs, a record date of 14 August 2026, and a payment date of 21 September 2026.
Separately, Shell is commencing a share buyback programme with an aggregate contract term of approximately three months. The programme comprises $3.000 billion of new share buybacks plus $1.232 billion of buybacks deferred from a prior programme, with all repurchased shares to be cancelled to reduce issued share capital. The company has set maximum consideration of $2.821 billion under a London contract and $1.411 billion under a Netherlands contract, and may repurchase or commit to repurchase up to 565,550,000 ordinary shares, intending, subject to market conditions, to complete the programme before the Q3 2026 results announcement.
Shell plc reported Q2 2026 income attributable to shareholders of $10,821 million and Adjusted Earnings of $9,836 million, with Adjusted EBITDA of $20,710 million. For the first half of 2026, income attributable to shareholders was $16,515 million, Adjusted Earnings $16,751 million, cash flow from operations $27,495 million and free cash flow $20,451 million. Basic earnings per share were $1.94 in Q2 and $2.94 for the half year, and dividends per share were $0.3906 for Q2 and $0.7812 for the half year. Return on average capital employed was 12.4%.
Net debt at June 30, 2026 was $41,754 million, down from $52,606 million at the end of Q1, with gearing at 18.7%. Q2 free cash flow of $17,524 million funded shareholder distributions of $5.2 billion, comprising $3.0 billion of share buybacks and $2.2 billion of cash dividends. Shell announced a new share buyback programme expected to total $4.2 billion (including $1.2 billion previously uncompleted). Since 2022, pre-tax structural cost reductions have reached $5.8 billion, including $0.7 billion delivered in the first half of 2026.
Portfolio actions included a definitive agreement to acquire ARC Resources Ltd. with an equity value of approximately $13.6 billion, the agreed sale of Gulf of Mexico interests for $1.7 billion, completion of the Jiffy Lube International sale for $1.3 billion with a long-term lubricants supply agreement, and an agreement to sell the Sprng Energy group for $1.8 billion. Renewables and Energy Solutions recorded $565 million of first-half impairment charges on renewable generation assets in Asia and Europe, and most activities in that segment were loss-making, while trading and optimisation remained profitable. Full-year 2026 cash capital expenditure is expected to be $24–$26 billion.
Shell plc announced the final results of its previously launched exchange offers for certain guaranteed notes issued by Shell Finance US Inc. Holders tendered and Shell accepted an aggregate principal amount of $6,298,101,000 of outstanding unregistered notes for a like amount of new registered notes, all fully and unconditionally guaranteed by Shell.
The exchange covered multiple series, including notes due 2028, 2038, 2040, 2041, 2049 and 2051. Settlement and issuance of the new registered exchange notes are expected to occur on July 13, 2026, under the terms described in the prospectus dated June 8, 2026.
Shell plc provides an update on its expected results for the second quarter of 2026, giving outlook ranges for volumes, margins and key non-GAAP metrics. In Integrated Gas, production is expected between 610 and 650 kboe/d versus 909 kboe/d in Q1 2026, reflecting the impact of the Middle East conflict on Qatari volumes, while LNG liquefaction volumes are guided to 7.4–7.8 MT and Trading & Optimisation is expected to be significantly higher than Q1 2026.
Upstream production is forecast at 1,750–1,850 kboe/d, with broadly stable underlying operating expenses and higher adjusted taxation. In Marketing, sales volumes are expected in a slightly lower 2,550–2,650 kb/d range, with adjusted earnings expected to be in line with Q1 2026. In Chemicals and Products, Shell now expects an indicative refining margin of about $20/bbl versus $17/bbl in Q1 2026 and an indicative chemicals margin of about $240/tonne versus $139/tonne, with refinery utilisation around 100%.
Renewables and Energy Solutions adjusted earnings are guided to a range of $(0.3) billion to $0.3 billion, while Corporate adjusted earnings are expected between $(0.7) billion and $(0.5) billion. At the group level, cash flow from operations tax paid is expected at $2.6–3.4 billion, and working capital movements are guided to a positive $1–6 billion versus a negative $11.2 billion in Q1 2026. The update also reiterates definitions and Q1 2026 baselines for non-GAAP measures such as Underlying operating expenses, Adjusted Earnings, and working capital, and includes extensive cautionary language about forward-looking statements.
Shell plc filed a report detailing automatic share acquisitions by senior executives following the interim dividend paid on June 29, 2026 for the first quarter of 2026. On July 2, 2026, Persons Discharging Managerial Responsibilities received dividend shares on existing holdings in share plan accounts.
Chief Executive Officer Wael Sawan acquired 3,131.40275 ordinary shares at EUR 33.9265 each in Amsterdam and 2,504.94524 ordinary shares at GBP 28.87677 each in London. Chief Financial Officer Sinead Gorman received 3,325.58192 ordinary shares at GBP 28.87677.
Other PDMRs, including the Chief Legal Officer, business presidents, and the Chief Human Resources and Corporate Officer, received smaller amounts of ordinary shares or American Depositary Shares as dividend shares across Amsterdam, London, and New York. These are compensation-related dividend reinvestments rather than open-market trades.
Shell plc reports daily repurchases of its own shares for cancellation between 01 and 11 June 2026 under a previously announced share buy-back programme. On 01 June 2026 it bought 900,000 shares on the LSE at a volume-weighted average price of £31.8075 and 200,000 on Chi-X at £31.8018. On 03 June 2026 it purchased 1,100,000 shares on the LSE at a volume-weighted average price of £32.6418, plus 200,000 on Chi-X and 100,000 on BATS at similar prices. Further daily purchases on 10 and 11 June 2026 included 1,376,000 LSE shares at £32.1597 and 1,395,700 LSE shares at £32.8174 volume-weighted average prices. Goldman Sachs International executes these trades independently within pre-set parameters, in line with UK Listing Rules and EU and UK Market Abuse Regulation buy-back provisions.
Shell plc reports that it has paused its previously announced $3.0 billion share buyback programme, which was intended to run for roughly three months. The suspension begins on June 12, 2026 and lasts through market close on July 14, 2026, aligning with the published date of ARC Resources Ltd.’s shareholder meeting and related securities law requirements affecting Shell. Any buybacks not executed during this period are expected to be carried out as part of Shell’s remaining 2026 buyback programmes, subject to Board approval. Shell also reiterates extensive forward‑looking and climate‑related cautionary statements, including around its net carbon intensity and long‑term net‑zero emissions ambitions.
Shell plc has begun registered exchange offers for several series of US dollar notes previously issued in a private exchange by Shell Finance US Inc. The company is offering to swap the full outstanding principal of each unregistered series for new notes with the same coupons and maturities, but registered under the U.S. Securities Act. The affected series include 3.875% notes due 2028, 6.375% notes due 2038, 5.500% notes due 2040, 5.125% notes due 2041, 3.125% notes due 2049 and 3.000% notes due 2051. Holders who tender their restricted notes by 5:00 p.m., New York City time, on July 8, 2026, and are accepted will receive an equal principal amount of registered notes, with settlement expected within two business days after that date.