Shell Buys Back 1.36 Million Shares Under Ongoing Capital Return Programme

An announcement from Shell (UK) ( (GB:SHEL) ) is now available.

Shell plc has repurchased a total of 1,361,056 of its own shares on 30 January 2026 across the London Stock Exchange and Euronext Amsterdam as part of its existing share buyback programme, with the shares to be cancelled. The transactions, executed independently by Merrill Lynch International within pre-set parameters, form part of the on- and off‑market buy-back framework authorised by shareholders and are being carried out in full compliance with UK and EU market abuse and listing regulations, underscoring Shell’s continued capital return strategy and disciplined approach to managing its share capital.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £31.00 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 company headquartered in the UK, operating across the oil, gas, and liquefied natural gas value chain while expanding into low-carbon and renewable energy solutions. It serves industrial, commercial, and retail customers worldwide, with a significant presence in both upstream production and downstream refining, marketing, and trading of energy products.

Average Trading Volume: 10,165,690

Technical Sentiment Signal: Strong Buy

Current Market Cap: £154.8B

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