Investment

Features

Fees Safety

Academy

Pluang+

Home/News Feed/Shell buys back over 1.3 million shares as part of ongoing repurchase program

SHEL

$84.46

+$0.05 +0.06%

Shell buys back over 1.3 million shares as part of ongoing repurchase program

Company Fundamentals

21 Apr 2026

GlobeNewsWire

View Source

Neutral

On April 21, 2026, Shell plc repurchased a total of approximately 1.3 million shares across multiple trading venues including the London Stock Exchange and European markets. These shares are being bought back for cancellation under Shell's existing share buy-back program announced in February 2026. The program is managed independently by Morgan Stanley and complies with UK and EU market regulations. This buyback reduces the number of shares outstanding, potentially increasing shareholder value and signaling confidence in the company's future prospects.

More News (SHEL)

US oil majors see huge profits from Iran war but resist drilling more despite Trump pressure

US oil companies are set to earn billions more due to supply disruptions from the Iran war, with Exxon Mobil expecting a $5 billion profit jump. Despite President Trump's calls to increase drilling to lower gas prices, oil majors are cautious, viewin...

Company Fundamentals

Bullish

5 days ago