Shell Continues Capital Return Drive With March Share Buy-Backs

The latest announcement is out from Shell (UK) ( (GB:SHEL) ).

Shell plc has repurchased a total of 326,683 of its own shares on 13 March 2026 across multiple European trading venues, with the transactions executed in both pounds sterling and euros for subsequent cancellation. The purchases were carried out on the London Stock Exchange, Chi-X, BATS, Euronext Amsterdam, CBOE DXE and Turquoise, at volume-weighted average prices around £33.58 and €38.86 per share.

These buy-backs form part of Shell’s previously announced on- and off-market share repurchase programme running from 5 February to 1 May 2026, with Morgan Stanley & Co. International conducting the trades independently within preset parameters. The programme is being executed under Shell’s existing shareholder authorities and in full compliance with UK and EU market abuse and listing regulations, underscoring the company’s ongoing capital return strategy for investors.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3694.00 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, active across the oil, gas and liquefied natural gas value chain, as well as in power and low-carbon energy solutions. The group operates worldwide, serving industrial, commercial and retail customers, and routinely returns capital to shareholders through dividends and share buy-back programmes.

Average Trading Volume: 11,492,764

Technical Sentiment Signal: Buy

Current Market Cap: £187.4B

See more insights into SHEL stock on TipRanks’ Stock Analysis page.