Shell plc (SHEL) has announced the purchase of approximately 1,807,460 shares for cancellation on 30 October 2026, spanning six trading venues across London and Europe. The transactions form part of a new share buy-back programme launched by the global energy major on 29 October 2026, with BNP Paribas and Natixis acting as independent brokers. The programme is scheduled to run until 29 January 2027, and investors will be watching for further daily disclosures as the buy-back progresses.

Key Points

  • Shell plc (SHEL) — global integrated energy company listed on the London Stock Exchange
  • Shell purchased approximately 1,807,460 shares for cancellation across six venues on 30 October 2026
  • Sterling-denominated trades executed on LSE, Chi-X (CXE), and BATS (BXE); euro-denominated trades on XAMS, CBOE DXE, and TQEX
  • Investors should monitor daily buy-back disclosures through to the programme's end date of 29 January 2027

Shell's 30 October 2026 Share Purchases Across LSE, Chi-X, BATS, XAMS, CBOE DXE and TQEX

On 30 October 2026, Shell executed purchases across three sterling venues and three euro venues. On the London Stock Exchange, 735,554 shares were bought at a volume weighted average price (VWAP) of £40.4974, with the highest price paid reaching £40.7450. On Chi-X (CXE), 225,426 shares changed hands at a VWAP of £40.5030, while BATS (BXE) accounted for 133,020 shares at a VWAP of £40.4838. Euro-denominated purchases totalled 713,340 shares across XAMS, CBOE DXE, and TQEX, with VWAPs clustering closely around €48.77 per share across all three venues.

BNP Paribas and Natixis to Manage Shell's On- and Off-Market Buy-Back Limbs Until January 2027

The programme announced on 29 October 2026 contains both on-market and off-market limbs. BNP Paribas is mandated to manage the on-market limb, while Natixis oversees the off-market limb, with both brokers making trading decisions independently of Shell throughout the programme period. The off-market limb operates under an off-market buyback contract previously approved by Shell's shareholders, while the on-market limb runs within pre-set parameters and Shell's general authority to repurchase shares. The programme runs from 29 October 2026 up to and including 29 January 2027.

Shell's Buy-Back Conducted Under UK and EU Market Abuse Regulation Frameworks

The company states that the programme is being conducted in accordance with Chapter 9 of the UK Listing Rules, EU Market Abuse Regulation 596/2014/EU, and UK MAR as onshored into domestic law via the European Union (Withdrawal) Act 2018 and subsequent statutory instruments. The Commission Delegated Regulation (EU) 2016/1052 and its UK equivalent also govern the programme's execution. Shell's LEI number is confirmed in the announcement as 21380068P1DRHMJ8KU70, and all purchased shares are earmarked for cancellation rather than being held in treasury.