Shell Continues Share Buy-Back Programme With Further Cancellations

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

Shell plc has executed further share repurchases under its existing buy-back programme, cancelling 522,088 shares on the London Stock Exchange in sterling and 558,871 shares on the Amsterdam exchange in euros on 28 January 2026. The transactions, conducted by Merrill Lynch International acting independently within pre-set parameters, form part of the on- and off-market components of a buy-back initiative launched in October 2025, and are carried out in line with UK and EU market abuse and listing regulations, underscoring Shell’s ongoing capital return strategy and potentially enhancing earnings per share for investors through a reduced share count.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £3200.00 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 focused on the exploration, production, refining and marketing of oil and gas, as well as expanding activities in low-carbon and renewable energy solutions across multiple international markets.

Average Trading Volume: 10,262,235

Technical Sentiment Signal: Strong Buy

Current Market Cap: £151.5B

For a thorough assessment of SHEL stock, go to TipRanks’ Stock Analysis page.