Shell plc Purchases 1,024,026 Shares for Cancellation, Enhancing Shareholder Value
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: Globenewswire
- Share Buyback Program: On January 7, 2026, Shell plc repurchased 1,024,026 shares at a maximum price of £27.03, demonstrating the company's strong commitment to enhancing shareholder value.
- Diverse Trading Venues: The buyback occurred across multiple venues, including the London Stock Exchange and Chi-X, ensuring liquidity and market coverage, which further boosts investor confidence.
- Compliance Assurance: This buyback adheres to Chapter 9 of the UK Listing Rules and Market Abuse Regulation, ensuring transparency and compliance, thereby maintaining the company's reputation.
- Ongoing Investment Strategy: Shell's buyback program is part of its long-term capital management strategy aimed at enhancing earnings per share by reducing the float, reflecting the company's confidence in future growth.
Analyst Views on SHEL
Wall Street analysts forecast SHEL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SHEL is 74.24 USD with a low forecast of 41.74 USD and a high forecast of 91.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 71.540
Low
41.74
Averages
74.24
High
91.00
Current: 71.540
Low
41.74
Averages
74.24
High
91.00
About SHEL
Shell plc is an international energy company engaged in the principal aspects of the energy and petrochemical industries. The Company's segments include Integrated Gas, Upstream, Marketing, Chemicals and Products, Renewables and Energy Solutions, and Corporate. The Integrated Gas segment includes liquefied natural gas (LNG), conversion of natural gas into gas-to-liquids (GTL) fuels and other products. It includes natural gas and liquids exploration and extraction, and the operation of the upstream and midstream infrastructure. The Upstream segment includes exploration and extraction of crude oil, natural gas and natural gas liquids. It also markets and transports oil and gas and operates the infrastructure necessary to deliver them to the market. The Marketing segment comprises the Mobility, Lubricants, and Sectors & Decarbonization businesses. The Chemicals and Products segment includes chemicals manufacturing plants with their own marketing network, and refineries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
