BuybackOct 16, 2026, 07:00 AM
Shell plc Buys Back 1.65 Million Shares for Cancellation
AI Summary
Shell plc announced the purchase of shares for cancellation on October 15, 2026, as part of its ongoing share buy-back program. The company bought back 1,100,000 shares on the London Stock Exchange (LSE) and 550,000 shares on the Xetra (XAMS) exchange. These transactions are being managed by Goldman Sachs International, which will make trading decisions independently until October 23, 2026, in accordance with the program's parameters and regulatory requirements.
Key Highlights
- Shell plc purchased 1,100,000 shares on the LSE for cancellation at an average price of £39.17.
- Shell plc purchased 550,000 shares on XAMS for cancellation at an average price of €46.50.
- These purchases are part of the Company's existing share buy-back programme announced on July 30, 2026.
- Goldman Sachs International will independently manage trading decisions for the buy-back programme until October 23, 2026.
Price Impact
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