Shell Continues Share Buy-Back with 1.3 Million Shares Repurchased for Cancellation

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

Shell plc has repurchased a total of 1.31 million of its own shares on 15 January 2026 across the London Stock Exchange and Euronext Amsterdam, with the shares to be cancelled as part of its ongoing capital management strategy. The transactions form part of Shell’s previously announced on- and off-market share buy-back programme running from 30 October 2025 to 30 January 2026, executed independently by Merrill Lynch International within pre-set parameters and in full compliance with UK and EU market abuse and listing regulations, underscoring the company’s continued focus on returning excess cash to shareholders while adhering to strict governance standards.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 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, active across the oil, gas and renewables value chain, supplying fuels, lubricants, petrochemicals and increasingly low-carbon energy solutions to customers worldwide.

Average Trading Volume: 9,972,656

Technical Sentiment Signal: Strong Buy

Current Market Cap: £155.6B

For detailed information about SHEL stock, go to TipRanks’ Stock Analysis page.