Transaction in Own Shares
Rhea-AI Summary
Shell (SHEL) reported share repurchases on 26 May 2026 for cancellation under its ongoing buy-back programme started 7 May 2026.
Goldman Sachs International bought shares on LSE, Chi-X (CXE) and BATS (BXE) in GBP within pre-set parameters and applicable UK/EU market abuse rules.
AI-generated analysis. Not financial advice.
Positive
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Negative
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News Market Reaction – SHEL
On the day this news was published, SHEL declined 1.43%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
SHEL down 0.79% with large peers mostly lower too (CVX -2.81%, XOM -2.40%, TTE -0.87%, PBR -0.67%), while BP is slightly higher (+0.36%). This points to a sector-driven backdrop alongside company-specific buybacks.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 26 | Share repurchase | Positive | -0.8% | Company repurchased 1,978,677 shares for cancellation under ongoing buy-back. |
| May 22 | Insider sale | Negative | -1.4% | CEO disposed of 40,000 shares in Amsterdam at €37.170105 per share. |
| May 22 | Share repurchase | Positive | -1.4% | Company bought 1,934,659 shares across venues for cancellation under programme. |
| May 21 | Equity awards | Positive | +0.2% | Performance share awards to CEO and CFO under Shell Share Plan 2023. |
| May 21 | Share repurchase | Positive | +0.2% | Repurchase of 230,000 shares on LSE at VWAP £32.7997 for cancellation. |
Recent buy-back disclosures and management share dealings have coincided with modest single-day moves, with mixed alignment between perceived positivity of buy-backs and subsequent price direction.
Over recent days, Shell has repeatedly reported share repurchases for cancellation under its buy-back programme, often executed by Goldman Sachs International across LSE, Chi-X and BATS at prices around the low-£30s. Additional disclosures covered director share disposals and performance share awards under the Shell Share Plan 2023. These events together show an ongoing capital return framework and active equity-based compensation. The latest buy-back trades on 26 May 2026 extend this established pattern rather than marking a new strategic shift.
Market Pulse Summary
This announcement extends Shell’s ongoing share buy-back programme, confirming further purchases for cancellation on 26 May 2026 across LSE, Chi-X and BATS at volume-weighted prices near the mid-£31 level. It reiterates that Goldman Sachs International executes trades independently within preset parameters and under EU MAR and UK MAR. Investors may track cumulative repurchases, execution prices versus prevailing levels, and any related regulatory filings to gauge how the programme shapes Shell’s capital structure over time.
Key Terms
EU MAR regulatory
UK MAR regulatory
onshored regulatory
AI-generated analysis. Not financial advice.
Transaction in Own Shares
26 May, 2026
• • • • • • • • • • • • • • • •
Shell plc (the 'Company') announces that on 26 May, 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 |
| 26/05/2026 | 1,372,000 | LSE | GBP | |||
| 26/05/2026 | 343,000 | Chi-X (CXE) | GBP | |||
| 26/05/2026 | 281,453 | BATS (BXE) | GBP |
These share purchases form part of the Company's share buy-back programme previously announced on 7 May 2026.
In respect of this programme, Goldman Sachs International will make trading decisions in relation to the securities independently of the Company for a period from 7 May 2026 up to and including 24 July 2026.
Any such share purchases will be effected within certain pre-set parameters and in accordance with the Company's general authority to repurchase shares. 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 Goldman Sachs 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
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