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Shell (UK) ( (GB:SHEL) ) has issued an announcement.
Shell plc has executed a new tranche of its ongoing share buy-back programme, repurchasing and cancelling shares on 23 February 2026 across multiple venues including the London Stock Exchange, Chi-X, BATS, XAMS, CBOE DXE and TQEX in both GBP and EUR. The trades, carried out at volume-weighted average prices around £29.54 and €33.85 per share, reinforce Shell’s continued use of buy-backs to return capital to shareholders and manage its capital structure.
The buy-back activity forms part of an existing programme announced earlier in February 2026, under which Morgan Stanley & Co. International Plc executes trades independently for a set period ending 1 May 2026. The programme is structured with distinct on-market and off-market limbs and is being conducted within pre-set parameters and in full compliance with UK and EU market abuse and listing regulations, underscoring Shell’s focus on regulatory adherence and transparent capital 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.
The score is driven primarily by solid underlying financial profitability/cash generation tempered by softer recent free-cash-flow trajectory and rising leverage. Supportive earnings-call guidance (cost reductions, disciplined CapEx, strong shareholder returns) and constructive technical trend add confidence, while valuation (moderate P/E and ~3.9% yield) is an additional positive.
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, liquefied natural gas and low-carbon energy value chain. The group focuses on exploration and production, refining, trading and marketing of energy products to retail, commercial and industrial customers worldwide, and uses share buy-back programmes as part of its capital allocation strategy.
Average Trading Volume: 10,394,262
Technical Sentiment Signal: Buy
Current Market Cap: £165.5B
For a thorough assessment of SHEL stock, go to TipRanks’ Stock Analysis page.