Shell plc (SHEL) announced that Chief Legal Officer Philippa Bounds reported periodic purchases of ordinary shares through dividend reinvestment schemes (DRIPs). Her reported purchases were 1,387 shares, totaling £41,028.76. Persons Closely Associated with her reported purchases as follows: Brian Bounds, 1,216 shares totaling £34,338.11; James Bounds, Alfred Bounds and George Bounds, 47 shares each totaling £1,339.80 each.
The purchases were made without active involvement at the time of purchase. Philippa Bounds and her associated persons intend to cancel their DRIP elections at the next available opportunity to remove the need to notify small trades of this nature going forward.
Shell plc (SHEL) updated its third-quarter 2026 outlook, projecting Integrated Gas production of 740–780 kboe/d and LNG liquefaction volumes of 7.2–7.6 million tonnes. The outlook includes the ARC Resources acquisition, completed September 2, 2026. Upstream production is projected at 1,735–1,835 kboe/d, and Marketing sales volumes at 2,550–2,650 kb/d. Indicative refining margin is $42/bbl and indicative chemicals margin is $208/tonne, compared with Q2 values of $24/bbl and $270/tonne.
Marketing adjusted earnings are expected to be lower than Q2, and Upstream exploration well write-offs are expected to be approximately $0.3 billion. CFFO excluding working capital is expected to include an approximately $2.5 billion outflow related to the timing of German emissions-certificate payments. Outlook statements exclude identified items unless otherwise indicated and are subject to finalisation; results are scheduled for October 29, 2026.
Shell plc (SHEL) purchased shares for cancellation on the reported September 2026 dates as part of its existing share buy-back programme. On September 1, it purchased 485,995 shares on LSE at a volume weighted average price of £34.1397 per share and 387,620 shares on XAMS at €39.9640 per share. On September 30, purchases were 1,150,000 shares on LSE at £35.6680 per share and 518,094 shares on XAMS at €41.8319 per share.
The programme includes on- and off-market purchases under Shell's general authorities to repurchase shares. Goldman Sachs International will make trading decisions relating to the securities independently of Shell from July 30 through and including October 23, 2026.
Shell plc said it received notice that eight PDMRs acquired dividend shares on September 24, 2026, in respect of shares previously delivered under annual bonus arrangements and/or previously vested under employee share plans and held in a Share Plan Account.
The PDMRs were Chief Executive Officer Wael Sawan, Chief Financial Officer Sinead Gorman, Chief Legal Officer Philippa Bounds, President, Upstream Peter Costello, President, Integrated Gas Cederic Cremers, President, Downstream, Renewables and Energy Solutions Machteld de Haan, President, Trading and Supply Andrew Smith, and Chief Human Resources and Corporate Officer Rachel Solway. Examples include Sawan's 2,211.85048 ordinary shares in Amsterdam and 2,001.51133 ordinary shares in London, Gorman's 2,417.41860 ordinary shares in London, and de Haan's 18.37605 American Depositary Shares in New York.
Shell plc (SHEL) is removing a specific debt security from U.S. exchange listing and registration. The New York Stock Exchange filed a Form 25 to strike Shell’s 2.500% Guaranteed Notes due 2026 from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934.
The NYSE states it has complied with its own rules and with 17 CFR 240.12d2-2(b), and that Shell has complied with the Exchange’s rules and 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of this class of securities.
Shell plc (SHEL) has completed the acquisition of ARC Resources Ltd., an energy producer focused in British Columbia and Alberta, Canada, after receiving all required shareholder, court and regulatory approvals, with an effective date of September 2, 2026.
ARC shareholders will receive CAD $8.20 in cash plus 0.40247 Shell shares for each ARC share, implying an updated equity value of about US$13.9 billion. Shell will also assume approximately US$2.5 billion of net debt and leases, resulting in an enterprise value of about US$16.5 billion, funded by US$3.3 billion in cash and about US$10.6 billion in new Shell shares.
The acquisition adds roughly 370 kboe/d of immediate production across liquids and gas, supporting a targeted production compound annual growth rate of around 4% through 2030 compared with 2025. Shell states the transaction is expected to generate double-digit returns, strengthen long-term cash flows and be accretive to free cash flow per share from 2027.
Shell plc (SHEL) reports multiple open-market repurchases of its own shares in August 2026 under an existing share buy-back programme announced on 30 July 2026. Shares bought are to be cancelled and were executed across the London Stock Exchange, Chi-X, BATS and Euronext Amsterdam.
For example, on 3 August 2026 Shell bought 925,000 shares on the LSE at a volume-weighted average price of £33.6723 and 525,000 shares on XAMS at €39.3985. On 21 August 2026 it bought 1,300,000 shares on the LSE at a VWAP of £34.2588. Goldman Sachs International makes trading decisions independently for the programme from 30 July 2026 up to and including 23 October 2026, which is conducted in accordance with UK Listing Rules and EU/UK Market Abuse Regulation buy-back provisions.
Shell plc (SHEL) plans to issue 228,003,843 new ordinary shares of €0.07 each and has applied for their admission to trading on the Main Market of the London Stock Exchange. These New Shell Shares will be issued as part of the consideration for Shell’s acquisition of ARC Resources Ltd.
Once issued, the new shares will rank equally with all existing ordinary shares. Admission of the New Shell Shares is expected on 3 September 2026, after which they will trade alongside Shell’s current listed equity.
Shell plc (SHEL) reported transactions by Peter Costello, President, Upstream, under EU and UK market abuse rules. On August 28, 2026, he disposed of 31,786 ordinary shares in London at £33.41 per share for £1,061,970.26 and 3,214 ordinary shares in Amsterdam at €39.115 per share for €125,715.61. These disclosures relate to ordinary shares of €0.07 each and are made as required for persons discharging managerial responsibilities.
Shell plc reported that its Chief Financial Officer, Sinead Gorman, disposed of 30,000 ordinary shares of €0.07 each on July 31, 2026. The shares were sold on the London Stock Exchange at £33.686565 per share, for total proceeds of £1,010,596.95.