StockWatch
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Oil & Gas Production
BuybackAug 7, 2026, 05:50 AM

Shell Buys Back 1.63M Shares for Cancellation on August 6

AI Summary

Shell plc announced that on August 6, 2026, it purchased a total of 1,625,000 shares across various trading venues for cancellation. These transactions are part of the company's ongoing share buy-back program, which was previously announced on July 30, 2026. Goldman Sachs International is independently managing the trading decisions for this program until October 23, 2026, adhering to pre-set parameters and regulatory guidelines.

Key Highlights

  • Shell plc purchased 900,000 shares on the LSE for cancellation.
  • An additional 175,000 shares were purchased on Chi-X (CXE) and 550,000 on XAMS.
  • The highest price paid on LSE was £33.1300, and the lowest was £32.7550.
  • The volume weighted average price on LSE was £32.9615.
  • These purchases are part of an existing share buy-back programme announced on July 30, 2026.
  • Goldman Sachs International is making trading decisions for the program until October 23, 2026.