Shell Steps Up January 2026 Share Buy-Backs in London and Amsterdam

Shell ( (SHEL) ) has shared an announcement.

On 2, 5 and 6 January 2026, Shell plc continued executing its previously announced share buy-back programme, repurchasing and cancelling more than 2.9 million shares across the London Stock Exchange and Euronext Amsterdam. The transactions, carried out by Merrill Lynch International within preset parameters and under EU and UK market abuse and listing rules, form part of the on- and off-market buy-back framework approved by shareholders in October 2025 and underscore Shell’s ongoing commitment to returning excess capital to investors while actively managing its share capital structure.

The most recent analyst rating on (SHEL) stock is a Hold with a $78.00 price target. To see the full list of analyst forecasts on Shell stock, see the SHEL Stock Forecast page.

Spark’s Take on SHEL Stock

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

Shell’s overall stock score reflects a stable financial position with strong profitability and positive technical momentum. The earnings call provided a positive outlook, despite some challenges in specific segments. Valuation metrics suggest the stock is fairly valued, with limited upside potential.

To see Spark’s full report on SHEL stock, click here.

More about Shell

Shell plc is a major global energy company headquartered in London, operating primarily in the oil and gas industry with growing activities in chemicals and low‑carbon energy solutions. Listed in London and Amsterdam, Shell’s shares are actively traded across European venues, and the company regularly uses share buy-back programmes as part of its capital allocation and shareholder return strategy.

Average Trading Volume: 4,593,234

Technical Sentiment Signal: Buy

Current Market Cap: $216.7B

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