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Shell Continues Share Buy-Back with £31.6 Average Purchase on 12 May

Story Highlights
  • Shell cancelled over 1.23 million shares on 12 May 2026 as part of its ongoing buy-back programme, purchasing stock in London and alternative venues at an average price of about £31.61.
  • The buy-back is being executed independently by Goldman Sachs within set parameters and in full compliance with UK and EU market abuse and listing rules, underscoring Shell’s disciplined capital return strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shell Continues Share Buy-Back with £31.6 Average Purchase on 12 May

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Shell (UK) ( (GB:SHEL) ) has provided an announcement.

Shell plc has disclosed another tranche of share repurchases under its ongoing buy-back programme, cancelling 1,234,427 shares acquired on 12 May 2026 across the London Stock Exchange, Chi-X and BATS. The purchases were executed in sterling at volume-weighted average prices around £31.61 per share, as part of the company’s previously announced capital return initiative.

Goldman Sachs International is conducting these buy-backs independently within pre-set parameters between 7 May and 24 July 2026, under Shell’s existing authority to repurchase shares. The programme is being run in compliance with UK and EU market abuse and listing regulations, signalling a structured and regulated approach to returning excess capital to shareholders while managing the company’s equity base.

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 SHEL Stock

According to Spark, TipRanks’ AI Analyst, SHEL is a Neutral.

The score is driven primarily by solid but cooling financial performance (revenue contraction and weaker free-cash-flow momentum), tempered by weak technical signals. Valuation is supportive (P/E ~12, ~3.47% yield), while the earnings call was constructive on capital returns, cost progress, and growth via ARC, offset by notable near-term disruptions and working-capital pressure.

To see Spark’s full report on 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 and renewables value chain. The group focuses on exploration and production, refining, marketing of fuels and lubricants, and increasingly low‑carbon and power solutions for consumers and businesses worldwide.

Average Trading Volume: 13,597,664

Technical Sentiment Signal: Strong Buy

Current Market Cap: £176.2B

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

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