Shell Plc Announces Share Buyback of 1.37 Million Shares Amid Ongoing Share Repurchase Initiative

Shell has completed a share buyback of 1,373,940 shares as part of a program running from July 31, 2025, to October 24, 2025. The transactions were executed across various platforms, including LSE, Chi-X, BATS, XAMS, and CBOE DXE, at varying prices. This buyback is designed to reduce the overall number of shares outstanding, enhancing shareholder value and increasing earnings per share.

Shell plc (NYSE: SHEL) has completed a significant share buyback transaction on August 20, 2025, as part of its ongoing share repurchase program. The company purchased a total of 1,373,940 shares across multiple trading venues, including the London Stock Exchange (LSE), Chi-X, BATS, XAMS, and CBOE DXE [1].

The share buyback program, announced on July 31, 2025, is scheduled to continue through October 24, 2025. The transactions were executed at varying prices, with LSE transactions ranging from £26.3250 to £26.6550 and European venue transactions ranging from €30.6650 to €30.9500 [1].

Shell purchased 667,351 shares on London markets at prices between £26.33 and £26.66, with a volume-weighted average price of approximately £26.51. Additionally, Shell acquired 706,589 shares on European exchanges at prices ranging from €30.67 to €30.95 [1].

This buyback is part of Shell's broader strategy to reduce the number of outstanding shares, which can lead to higher earnings per share and potentially support share prices. The steady execution of the buyback program signals management's confidence in the company's financial position and commitment to shareholder returns despite fluctuations in energy markets [1].

Institutional investors have also shown interest in Shell's stock. Tocqueville Asset Management L.P. reduced its holdings in Shell PLC Unsponsored ADR by 13.0% in the first quarter, now owning 165,192 shares valued at approximately $12.1 million [2]. Meanwhile, several other institutional investors have adjusted their positions, with Warther Private Wealth LLC, Harbour Capital Advisors LLC, Golden State Equity Partners, Brown Lisle Cummings Inc., and Klingman & Associates LLC all increasing their stakes in the company [2].

Analysts have provided mixed ratings for Shell's stock. While some have downgraded their ratings, others have maintained or increased their price objectives, reflecting the complex dynamics of the energy sector [2].

Shell's latest earnings report exceeded expectations, with an EPS of $1.42 compared to the consensus estimate of $1.13, though its revenue fell short at $66.44 billion [2]. The company has also recently announced a quarterly dividend, which will be paid on September 22, 2025, representing a $2.86 dividend on an annualized basis and a dividend yield of 4.0% [2].

References:
[1] https://www.stocktitan.net/news/SHEL/transaction-in-own-bplmjyic26ie.html
[2] https://www.marketbeat.com/instant-alerts/filing-shell-plc-unsponsored-adr-nyseshel-position-trimmed-by-tocqueville-asset-management-lp-2025-08-17/