Key insights
- Shell repurchased shares as part of its previously announced buyback program. Goldman Sachs International is independently managing the buyback, adhering to UK and EU regulations. While the buyback itself is a positive signal, the impact on US equities is limited, primarily influencing sentiment towards large, multinational energy companies listed on US exchanges.

Transaction in Own Shares
12 May, 2026
- • • • • • • • • • • • • • • •
Shell plc (the 'Company') announces that on 12 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
12/05/2026
884,427
£ 31.8400
£ 31.4700
£ 31.6056
LSE
GBP
12/05/2026
250,000
£ 31.8400
£ 31.4700
£ 31.6193
Chi-X (CXE)
GBP
12/05/2026
100,000
£ 31.8300
£ 31.4700
£ 31.6265
BATS (BXE)
GBP
These share purchases form part of the Company's share buy-back programme previously announced on 07 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 07 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
Attachment
20260512_Shell RNS - full version