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Shell (UK)
(LSE:SHEL)
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Rating:78Outperform
Price Target:
3,887.00 p
▲(17.40% Upside)
Action:Reiterated
Date:08/24/26
The score is driven primarily by strong financial performance for the sector (improving TTM margins, revenue re-acceleration, and large free cash flow) and constructive earnings-call guidance supporting disciplined shareholder returns. Technicals also contribute positively due to a clear uptrend and supportive momentum. Valuation further helps with a low P/E and solid dividend yield, while cyclicality and cash-flow variability limit upside.
Positive Factors
Integrated LNG and trading platform
Shell’s integrated supply, LNG and trading capabilities can capture value across markets rather than relying on one asset or price point. Full LNG Canada utilization and optimization earnings reinforce a durable competitive advantage in global gas.
Negative Factors
Commodity-cycle earnings volatility
Shell’s upstream, LNG, refining and trading earnings remain exposed to commodity prices, product spreads and working-capital swings. The rebound is encouraging, but materially lower earnings power than the 2022 peak limits confidence in margin and cash-flow sustainability.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated LNG and trading platform
Shell’s integrated supply, LNG and trading capabilities can capture value across markets rather than relying on one asset or price point. Full LNG Canada utilization and optimization earnings reinforce a durable competitive advantage in global gas.
Read all positive factors
Shell (UK) (SHEL) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£202.35B
Dividend Yield3.18%
Average Volume (3M)9.76M
Price to Earnings (P/E)10.5
Beta (1Y)0.52
Revenue Growth4.03%
EPS Growth97.15%
CountryUK
Employees84,000
SectorEnergy
Sector Strength52
IndustryOil & Gas Integrated
Share Statistics
EPS (TTM)4.57
Shares Outstanding5,748,777,300
10 Day Avg. Volume10,858,380
30 Day Avg. Volume9,758,867
Financial Highlights & Ratios
PEG Ratio0.56
Price to Book (P/B)1.24
Price to Sales (P/S)0.80
P/FCF Ratio9.77
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£3,858.00Price Target Upside16.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)5.58
Revenue Forecast (FY)£328.08B
Shell (UK) Business Overview & Revenue Model
Company Description
Shell plc is a global energy and petrochemical enterprise with operations spanning across Europe, Asia, Oceania, Africa, and the entirety of the Americas. Its diverse activities are structured into key divisions: Integrated Gas, Upstream, Marketin...
How the Company Makes Money
Shell (UK) makes money primarily by producing, sourcing, transforming, and selling energy and energy-related products to wholesale and retail customers.
1) Upstream (oil and natural gas production): Revenue is generated from selling produced crud...
Shell (UK) Earnings Call Summary
Earnings Call Date:Jul 30, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Oct 29, 2026
Earnings Call Sentiment Positive
The call emphasized very strong financial and operational performance this quarter — adjusted earnings of $9.8 billion, over $21 billion of cash flow from operations, record refinery utilization (102%), LNG Canada reaching full capacity, substantial cost savings and clear growth initiatives (ARC, planned FIDs). Management acknowledged notable near‑term challenges related to Middle East disruptions, shipping/Strait constraints, inflationary pressures on project costs, underperforming capital employed in low‑carbon businesses, and regulatory timing for acquisitions and project FIDs. On balance, the positives (strong cash generation, portfolio resilience, cost reductions, active high‑grading and shareholder returns) outweigh the manageable and largely timing or execution‑related negatives.Positive Updates
Strong Quarterly Financial Results
Adjusted earnings of $9.8 billion in Q2 2026 and over $21 billion of cash flow from operations; management described this as the best results in over five years.
Negative Updates
Middle East Disruptions and Lost Volumes
Hostilities and shipping disruptions impacted volumes (notably Qatar LNG and the damaged Pearl GTL Train 2), creating near‑term supply constraints; Pearl GTL Train 2 repairs are expected to complete with exports possible by end of Q1 2027, subject to safe passage and export conditions.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong Quarterly Financial Results
Adjusted earnings of $9.8 billion in Q2 2026 and over $21 billion of cash flow from operations; management described this as the best results in over five years.
Read all positive updates
Company Guidance
Shell's guidance and financial framework reiterated a 2026 cash CapEx range of $24–26 billion (including about $4 billion for the ARC Resources acquisition), a through‑the‑cycle payout ratio of 40–50%, and a new $3 billion share buyback to be completed by the Q3 results (plus completion of the previously halted program); net debt was reduced to roughly $42 billion (about $12 billion excluding leases). Management said it has delivered $700 million of structural cost reductions so far in 2026, close to $6 billion of portfolio savings since 2022, and is about halfway toward a $5–7 billion cost‑reduction target; they reaffirmed a base free‑cash‑flow run‑rate of about $25–30 billion per year (on a $70/bbl basis) and noted trading/optimization typically adds ~2–4% ROACE (currently at the top end). ARC is expected to add roughly $1.5 billion of annual free cash flow and lift production growth to ~4% to 2030 (from ~1% p.a. vs 2025); management remains confident in their CapEx guidance and targets timing for potential FIDs (LNG Canada Phase 2 targeted by year‑end; Bonga Southwest ~2027; Zabazaba ~2027–28).Shell (UK) Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 295.46B | 272.49B | 284.31B | 316.62B | 381.31B | 261.50B |
| Gross Profit | 52.99B | 45.42B | 45.94B | 47.21B | 78.78B | 35.85B |
| EBITDA | 67.78B | 56.13B | 61.65B | 60.36B | 92.55B | 56.51B |
| Net Income | 25.87B | 18.21B | 16.09B | 19.36B | 42.31B | 20.10B |
Balance Sheet | ||||||
| Total Assets | 382.49B | 370.49B | 387.61B | 406.27B | 443.02B | 404.38B |
| Cash, Cash Equivalents and Short-Term Investments | 31.54B | 30.23B | 39.11B | 38.77B | 40.25B | 36.97B |
| Total Debt | 73.46B | 104.61B | 77.14B | 81.64B | 83.80B | 89.09B |
| Total Liabilities | 198.73B | 195.10B | 207.44B | 217.91B | 250.43B | 229.05B |
| Stockholders Equity | 181.72B | 174.46B | 178.31B | 186.61B | 190.47B | 171.97B |
Cash Flow | ||||||
| Free Cash Flow | 29.72B | 22.22B | 35.09B | 31.20B | 45.81B | 26.11B |
| Operating Cash Flow | 47.28B | 41.57B | 54.69B | 54.19B | 68.41B | 45.10B |
| Investing Cash Flow | -15.72B | -19.18B | -15.15B | -17.73B | -22.45B | -4.76B |
| Financing Cash Flow | -32.27B | -32.35B | -38.44B | -38.23B | -41.95B | -34.66B |
Shell (UK) Technical Analysis
Positive
3311.00
Price Trends
3270.33
Positive
3194.40
Positive
3050.61
Positive
Market Momentum
62.73
Negative
69.62
Neutral
84.41
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SHEL, the sentiment is Positive. The current price of 3311 is below the 20-day moving average (MA) of 3408.48, above the 50-day MA of 3270.33, and above the 200-day MA of 3050.61, indicating a bullish trend. The MACD of 62.73 indicates Negative momentum. The RSI at 69.62 is Neutral, neither overbought nor oversold. The STOCH value of 84.41 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SHEL.
Shell (UK) Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £202.35B | 10.51 | 14.66% | 3.18% | 4.03% | 97.15% | |
67 Neutral | £5.03B | 21.31 | 9.66% | 4.37% | 17.03% | ― | |
67 Neutral | £4.69B | 24.60 | 10.32% | 0.09% | 28.04% | ― | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
64 Neutral | £87.32B | 22.15 | 9.53% | 5.81% | ― | ― | |
61 Neutral | £87.32B | 22.15 | 9.53% | 5.76% | ― | ― | |
60 Neutral | £87.32B | 22.15 | 9.53% | 4.45% | 12.19% | 900.77% |
* Energy Sector Average
GB:SHEL
Shell (UK)
3,551.00
1,008.74
39.68%
GB:HBR
Harbour Energy
272.60
60.98
28.81%
GB:BP.A
BP plc
139.00
-1.62
-1.15%
GB:BP.B
BP plc
155.00
-3.80
-2.39%
GB:BP
BP p.l.c.
564.60
159.25
39.29%
GB:ITH
Ithaca Energy PLC
285.20
113.39
66.00%
Shell (UK) Corporate Events
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances Share Buy‑Back Programme With 1.5 Million Share Repurchase
Positive
Aug 24, 2026
Shell plc has disclosed the latest tranche of transactions under its current share buy‑back programme, repurchasing 1.5 million shares for cancellation on 21 August 2026 across multiple venues, including the London Stock Exchange and Euronex...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Continues Capital Return With Latest £ and € Share Buy-Back Tranche
Positive
Aug 21, 2026
Shell plc has repurchased 1,173,496 of its own shares across the London Stock Exchange, Chi-X, BATS and Euronext Amsterdam on 20 August 2026, with the shares bought in both sterling and euros for cancellation. The transactions, executed by Goldman...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances Share Buy-Back With Multi-Venue Purchases
Positive
Aug 20, 2026
Shell plc has continued executing its previously announced share buy-back programme, purchasing nearly 2.8 million shares for cancellation on 19 August 2026 across the London Stock Exchange, Chi-X, BATS, Amsterdam, Cboe Europe, and other venues in...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances 2026 Share Buy‑Back With Multi‑Venue Share Repurchases
Positive
Aug 19, 2026
Shell plc has repurchased and cancelled more than 2.4 million shares on 18 August 2026 across multiple trading venues in London and Europe, as part of its previously announced share buy‑back programme. The transactions, executed in sterling ...
Business Operations and StrategyStock Buyback
Shell advances share buy‑back with multi‑venue repurchases
Positive
Aug 18, 2026
Shell plc has executed further share repurchases under its existing buy‑back programme, cancelling more than 2 million shares acquired on 17 August across multiple trading venues in London and continental Europe. The purchases were made in b...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances Share Buy-Back with Multivenue Share Repurchases
Positive
Aug 17, 2026
Shell plc has repurchased a total of several million pounds and euros worth of its own shares across multiple venues, including the London Stock Exchange, Chi-X, BATS, Euronext Amsterdam and CBOE. The transactions, executed at volume‑weighte...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances Capital-Return Plan With August Share Buy-Back
Positive
Aug 14, 2026
Shell plc is a global energy company headquartered in the U.K., operating across the oil, gas and broader energy markets. The group’s primary activities include exploration and production, refining, trading and integrated power operations, w...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Cancels 75,000 Shares Under Ongoing Buy-Back Programme
Positive
Aug 13, 2026
Shell plc has repurchased 75,000 of its own shares for cancellation on 12 August 2026 across the London and Amsterdam venues, as part of its existing buy-back programme. The purchases, executed in sterling and euros at volume-weighted average pric...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances Share Buy-Back Programme with August Repurchases
Positive
Aug 12, 2026
Shell plc has continued executing its previously announced share buy-back programme, repurchasing and cancelling 50,000 shares on the London Stock Exchange and 25,000 shares on Euronext Amsterdam on 11 August 2026. The trades, carried out by Goldm...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell continues capital return with latest tranche of share buy-backs
Positive
Aug 11, 2026
Shell plc has bought back 75,000 of its own shares for cancellation on 10 August 2026 across the London Stock Exchange and Euronext Amsterdam, as part of its previously announced share buy-back programme. The purchases, split between sterling- and...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances Capital Return Plan With Further Share Buy‑Backs
Positive
Aug 10, 2026
Shell plc has repurchased 1,000,000 shares on the London Stock Exchange in sterling and 450,000 shares on Euronext Amsterdam in euros on 7 August 2026, with all shares to be cancelled. The transactions span multiple trading venues and form part of...
Stock BuybackRegulatory Filings and Compliance
Shell Cancels 1.6 Million Shares Under Ongoing Buyback Programme
Positive
Aug 7, 2026
Shell plc has repurchased a total of 1,625,000 of its own shares for cancellation on 6 August 2026 across the London Stock Exchange, Chi-X and Euronext Amsterdam, at volume-weighted average prices of roughly £32.96 and €38.57. These tra...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances Share Buy-Back with Multimarket Repurchases
Positive
Aug 6, 2026
Shell plc has executed a fresh tranche of its share buy-back programme, repurchasing and cancelling shares on 5 August 2026 across multiple European trading venues, including the London Stock Exchange and Euronext Amsterdam. The purchases, conduct...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Steps Up Share Buy‑Backs With Multivenue Purchases for Cancellation
Positive
Aug 5, 2026
Shell plc has executed further purchases of its own shares for cancellation on 4 August 2026 across several European trading venues, including the London Stock Exchange, Chi‑X and XAMS, in both GBP and EUR. These transactions form part of th...
Regulatory Filings and Compliance
Shell CFO Sinead Gorman Disposes of £1 Million in Shell Shares
Neutral
Aug 5, 2026
Shell plc has disclosed that Chief Financial Officer Sinead Gorman disposed of 30,000 ordinary shares in the company on July 31, 2026, via a transaction on the London Stock Exchange. The sale, executed at a price of £33.686565 per share and t...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances Regulated Share Buy-Back with 1.55 Million Share Cancellation
Positive
Aug 4, 2026
Shell plc has moved ahead with its recently announced share buy-back programme, cancelling 1.55 million shares purchased on 3 August across the London Stock Exchange, Chi-X and the XAMS venue in euros and sterling. The trades, executed at volume-w...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell advances share buy-back with latest UK and EU purchases
Positive
Aug 3, 2026
Shell plc has executed another tranche of its previously announced share buy-back programme, repurchasing and cancelling shares on 31 July 2026 across London and Amsterdam venues. The move underscores Shell’s continued capital return strateg...
Regulatory Filings and Compliance
Shell Confirms Total Voting Rights and Share Capital Structure as of July 2026
Neutral
Aug 3, 2026
Shell plc reported that as of 31 July 2026, its issued share capital comprised 5,562,341,925 ordinary shares of €0.07 each, all carrying voting rights and with no shares held in treasury. This disclosure sets the official total voting rights...
Regulatory Filings and Compliance
Shell Discloses Routine Share Sale by Chief Legal Officer Philippa Bounds
Neutral
Jul 31, 2026
Shell plc disclosed a share transaction by Chief Legal Officer Philippa Bounds under EU and UK market abuse regulations. The integrated energy major, whose ordinary shares are listed in London, is required to report dealings by senior management t...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell steps up buy‑backs with £ and € share repurchases
Positive
Jul 31, 2026
Shell plc has launched further share repurchases as part of its existing buy‑back programme, cancelling 1,000,000 shares bought on the London Stock Exchange in sterling and 500,000 shares purchased on the Amsterdam venue in euros on 30 July ...
Executive/Board Changes
Shell Refreshes Audit and Risk Committee Leadership
Neutral
Jul 30, 2026
Shell plc has announced changes to its Board Audit and Risk Committee, a key body overseeing financial reporting and risk management for the group. Long‑serving committee member Ann Godbehere, who has chaired the ARC for seven years, will st...
Business Operations and StrategyDividends
Shell Sets Q2 2026 Interim Dividend and Multi‑Currency Payout Options
Positive
Jul 30, 2026
Shell plc has declared a second‑quarter 2026 interim dividend of US$0.3906 per ordinary share and US$0.7812 per American Depositary Share, reinforcing its ongoing capital returns policy to shareholders. Investors can elect to receive payment...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell launches $4.2bn buyback to cut share capital ahead of Q3 results
Positive
Jul 30, 2026
Shell plc has launched a new share buyback programme with an aggregate value of $4.232 billion over roughly three months, combining $3 billion of fresh repurchases with $1.232 billion previously suspended in connection with its ARC Resources acqui...
Business Operations and StrategyStock BuybackDividendsFinancial DisclosuresM&A Transactions
Shell’s Q2 2026 Earnings Surge as Cash Flows Fuel ARC Deal and Debt Cut
Positive
Jul 30, 2026
Shell plc is a global energy major active across upstream oil and gas, integrated liquefied natural gas, refining, chemicals and energy trading, and it is increasingly reshaping its portfolio through targeted acquisitions and divestments. The comp...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Continues Share Buy-Back Programme With London Stock Exchange Purchase
Positive
Jul 27, 2026
Shell plc has continued executing its previously announced share buy-back programme, repurchasing 70,010 shares on 24 July 2026 on the London Stock Exchange for cancellation, at a volume-weighted average price of £33.0823. The transaction, co...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell repurchases 75,000 shares under ongoing buy-back programme
Positive
Jul 24, 2026
Shell plc has repurchased 75,000 of its own shares on 23 July 2026 on the London Stock Exchange as part of its ongoing share buy-back programme. The shares, bought for cancellation at a volume-weighted average price of about £33.43, reflect t...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Cancels 75,000 Shares in Ongoing Buy-Back Programme
Positive
Jul 23, 2026
Shell plc has repurchased 75,000 of its own shares on 22 July 2026 for cancellation on the London Stock Exchange as part of its ongoing share buy-back programme. The repurchase, executed at a volume-weighted average price of £33.0385 per shar...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Purchases 75,000 Shares in Ongoing Buy‑Back Programme
Positive
Jul 22, 2026
Shell plc has continued its previously announced share buy‑back programme, purchasing 75,000 shares on 21 July 2026 for cancellation on the London Stock Exchange. The trades, executed by Goldman Sachs International under an independent manda...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances Share Buy-Back with July 20 Share Repurchases
Positive
Jul 21, 2026
Shell plc has continued executing its previously announced share buy-back programme, repurchasing 90,000 shares on the London Stock Exchange and 94,107 shares on BATS for cancellation on 20 July 2026. The transactions, executed by Goldman Sachs In...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Continues Share Buy-Back Programme With July 17 Purchases
Positive
Jul 20, 2026
Shell plc has continued executing its previously announced share buy-back programme, purchasing a total of 1,885,085 shares for cancellation on 17 July 2026 across the London Stock Exchange, Chi-X CXE, and BATS BXE venues. The trades, conducted in...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances Share Buy-Back Programme with July 16 Share Cancellations
Positive
Jul 17, 2026
Shell plc has continued executing its previously announced share buy-back programme, repurchasing and cancelling a total of 3,147,000 shares on 16 July 2026 across the London Stock Exchange, Chi-X CXE, and BATS BXE. The trades, executed by Goldman...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell steps up capital return with £31.6 buy-back of 3.1 million shares
Positive
Jul 16, 2026
Shell plc has repurchased a total of 3,075,000 of its own shares on 15 July 2026 across the London Stock Exchange, Chi-X and BATS venues, at volume-weighted average prices around £31.62 per share. The shares, bought in sterling and cancelled,...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Shell swaps $6.3bn in unregistered debt for new registered notes
Positive
Jul 9, 2026
Shell plc has completed exchange offers allowing holders of certain unregistered guaranteed notes issued by Shell Finance US Inc. to swap them for an equivalent amount of new SEC-registered notes, all fully and unconditionally guaranteed by Shell ...
Business Operations and StrategyFinancial Disclosures
Shell flags stronger trading and refining margins in Q2 2026 update
Positive
Jul 7, 2026
Shell has issued an update to its second-quarter 2026 outlook, signalling broadly stable to slightly higher production across most segments, with integrated gas output affected by the conflict in the Middle East and Qatari volumes. The company exp...
Executive/Board ChangesDividendsRegulatory Filings and Compliance
Shell Executives Receive Dividend Shares Under Employee Plans
Neutral
Jul 6, 2026
Shell plc has disclosed that several senior executives, including Chief Executive Officer Wael Sawan and Chief Financial Officer Sinead Gorman, received additional Shell shares as dividend payments on holdings previously awarded under annual bonus...
Regulatory Filings and Compliance
Shell Updates Market on Total Voting Rights and Share Capital Structure
Neutral
Jun 30, 2026
Shell plc reported that, as of June 30, 2026, its issued share capital comprises 5,570,928,127 ordinary shares with a nominal value of €0.07 each. The company confirmed it holds no ordinary shares in treasury, indicating all issued shares ar...
Dividends
Shell Sets Euro and Sterling Equivalents for Q1 2026 Dividend
Positive
Jun 15, 2026
Shell plc has confirmed the euro and pound sterling equivalents for its first-quarter 2026 interim dividend, originally declared at US$0.3906 per ordinary share. Shareholders who elected their preferred currency by June 8, 2026, will receive US$0....
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell temporarily halts $3bn buyback amid ARC-related legal constraints
Neutral
Jun 12, 2026
Shell has paused its previously announced $3.0 billion share buyback programme, which was due to run for about three months, in response to securities law requirements triggered by the publication of ARC Resources’ shareholder circular. The ...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Advances Buy-back Programme with Further £32.8 Share Repurchases
Positive
Jun 12, 2026
Shell plc has continued its capital management strategy with further share repurchases on 11 June 2026, buying a total of 1,986,023 shares for cancellation across the London Stock Exchange, Chi-X and BATS venues. The trades were executed in sterli...
Business Operations and StrategyStock Buyback
Shell Continues Share Buybacks With £32‑Per‑Share Repurchase Tranche
Positive
Jun 11, 2026
Shell plc has repurchased 1,901,813 of its own shares for cancellation on 10 June 2026 across the London Stock Exchange, Chi‑X, and BATS venues, at a volume‑weighted average price of just over £32 per share. The transactions were ...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Continues Regulated Share Buy-Back with Fresh £32-Per-Share Purchases
Positive
Jun 10, 2026
Shell plc has continued executing its previously announced share buy-back programme, repurchasing 1.05 million shares on the London Stock Exchange and 200,000 shares on the Chi-X venue on 9 June 2026 for cancellation. The trades, carried out by Go...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Cancels 1.2 Million Shares in Ongoing Buy-Back Programme
Positive
Jun 9, 2026
Shell plc has repurchased 1.2 million of its own shares on 8 June 2026 across the London Stock Exchange, Chi-X and BATS venues, paying a volume-weighted average price of about £32.47 per share. The shares will be cancelled, reducing the compa...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Shell Launches Registered Exchange Offers for Long-Dated U.S. Notes
Positive
Jun 8, 2026
Shell plc has launched registered exchange offers for multiple series of unregistered notes previously issued by its U.S. financing arm, Shell Finance US Inc., allowing holders to swap restricted securities for equivalent registered notes fully gu...
Business Operations and StrategyStock Buyback
Shell Cancels 1.25 Million Shares in Ongoing Buy-Back Programme
Positive
Jun 8, 2026
Shell plc has executed further share repurchases in London as part of its ongoing capital return strategy, cancelling 1.25 million shares on 5 June 2026 across the London Stock Exchange and Chi‑X. The company, a leading integrated energy pla...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Cancels 1.22 Million Shares in Ongoing Buy‑Back Programme
Positive
Jun 5, 2026
Shell plc has repurchased 1.22 million of its own shares on 4 June 2026 across the London Stock Exchange and Chi‑X, as part of a previously announced share buy‑back programme. The shares, bought for cancellation, were acquired in sterl...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Cancels 1.4 Million Shares in Ongoing Buy‑Back Programme
Positive
Jun 4, 2026
Shell plc has repurchased 1.4 million of its own shares on 3 June 2026 across the London Stock Exchange, Chi‑X and BATS venues, paying volume‑weighted average prices of around £32.64 per share, with the shares to be cancelled. The...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell advances May 2026 buy-back with fresh £31.9 share repurchases
Positive
Jun 3, 2026
Shell plc has continued executing its share buy-back strategy, repurchasing 950,542 shares for cancellation on 2 June 2026 across the London Stock Exchange and Chi-X venues at volume-weighted average prices around £31.90 per share. The transa...
Business Operations and StrategyStock Buyback
Shell Buys Back 1.1 Million Shares Under Ongoing Capital Return Programme
Positive
Jun 2, 2026
Shell plc has repurchased 1.1 million of its own shares on 1 June 2026 across the London Stock Exchange and Chi‑X, at a volume‑weighted average price of just over £31.80 per share, for immediate cancellation. The move is part of a...
Stock Buyback
Shell Continues Share Buy-Back With £31.3 Average Price on 1.14m Shares
Positive
Jun 1, 2026
Shell plc has repurchased 1,140,000 of its own shares for cancellation on 29 May 2026 across the London Stock Exchange and Chi‑X, as part of a previously announced share buy-back programme. The trades, executed by Goldman Sachs International...
Stock BuybackRegulatory Filings and Compliance
Shell Updates Market on Total Voting Rights and Share Capital
Neutral
May 29, 2026
Shell plc has disclosed that, as of 29 May 2026, its issued share capital consists of 5,586,155,889 ordinary shares with no shares held in treasury, establishing the reference figure investors must use when assessing their ownership stakes. The co...
Business Operations and StrategyStock Buyback
Shell Continues Share Buy-Back with £1.8 Million Share Repurchase for Cancellation
Positive
May 29, 2026
Shell plc has executed further share repurchases under its ongoing buy-back programme, acquiring a total of 1,829,384 shares for cancellation on 28 May 2026 across the London Stock Exchange, Chi-X and BATS venues in sterling. The move continues th...
Business Operations and StrategyStock Buyback
Shell Buys Back Nearly 2 Million Shares in Ongoing Capital Return Programme
Positive
May 28, 2026
Shell plc has continued its ongoing share buyback programme, repurchasing a total of 1,979,245 shares on 27 May 2026 across the London Stock Exchange, Chi‑X, and BATS venues for cancellation. The trades were executed in sterling at volume...
Business Operations and StrategyStock Buyback
Shell Continues Buy-Back with £32-Per-Share Repurchases
Positive
May 27, 2026
Shell plc has repurchased nearly 2 million of its own shares on 26 May 2026 across the London Stock Exchange, Chi-X and BATS venues, paying volume-weighted average prices of just under £32 per share. The transactions are for cancellation and ...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Steps Up Capital Returns With Further £32-a-Share Buy-Back
Positive
May 26, 2026
Shell plc has continued its ongoing share buy-back initiative, repurchasing nearly 2 million shares on 22 May 2026 across the London Stock Exchange, Chi-X and BATS venues for cancellation, at volume-weighted average prices just over £32 per s...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.