Shell Buys Back 1.18 Million Shares Under Ongoing Capital Return Programme

Shell (UK) ( (GB:SHEL) ) has shared an update.

Shell plc has repurchased a total of 1,178,755 of its own shares on 16 January 2026 across the London Stock Exchange and Euronext Amsterdam as part of its ongoing share buy-back programme. The transaction, executed independently by Merrill Lynch International within pre-set parameters, involves shares bought for cancellation and is conducted under Shell’s existing shareholder authorities and in full compliance with UK and EU market abuse and listing regulations, underscoring the company’s continued focus on capital returns and disciplined balance-sheet management.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Spark’s Take on GB:SHEL Stock

According to Spark, TipRanks’ AI Analyst, GB:SHEL is a Outperform.

Shell’s overall stock score reflects a stable financial position with strong operational margins and a solid balance sheet. The company’s attractive valuation and positive earnings call sentiment contribute positively. However, technical analysis indicates potential short-term weakness, and challenges in revenue and cash flow growth present risks.

To see Spark’s full report on GB:SHEL stock, click here.

More about Shell (UK)

Shell plc is a global energy and petrochemicals company headquartered in the UK, operating across the oil, gas, and renewables value chain. The group’s primary activities include exploration and production, refining, chemicals, and an expanding portfolio in low‑carbon and energy transition solutions, serving industrial, commercial and retail customers worldwide.

Average Trading Volume: 9,996,307

Technical Sentiment Signal: Strong Buy

Current Market Cap: £155.6B

Learn more about SHEL stock on TipRanks’ Stock Analysis page.