Shell Plc current report, Q2 FY2026

Shell plc Form 6-K Summary

Business Context and Reporting Period

This Form 6-K filing by Shell plc (incorporated in England and Wales) covers share repurchase transactions conducted during the month of April 2026. The report was filed on May 1, 2026. The transactions relate to the Company's existing share buy-back programme announced on February 5, 2026, which includes both on-market and off-market limbs. Trading decisions for this period were executed independently by Morgan Stanley & Co. International Plc under pre-set parameters.

Key Financial Metrics: Share Repurchases

The filing details daily share purchases for cancellation across multiple trading venues (LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX) in both GBP and EUR. The filing does not provide consolidated revenue, profit, cash flow, or debt metrics for the period.

Date Total Shares Purchased Primary Venues Currencies
01 April 2026 1,708,805 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
02 April 2026 818,749 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
07 April 2026 1,279,747 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
08 April 2026 4,440,454 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
09 April 2026 250,491 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
10 April 2026 1,838,441 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
13 April 2026 747,124 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
14 April 2026 2,193,584 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
15 April 2026 1,867,322 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
16 April 2026 1,612,925 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
17 April 2026 2,741,165 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
20 April 2026 1,165,786 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
21 April 2026 1,303,220 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
22 April 2026 1,248,160 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
23 April 2026 1,316,235 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
24 April 2026 1,449,250 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
27 April 2026 1,583,126 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
28 April 2026 1,382,322 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
29 April 2026 1,403,019 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR
30 April 2026 1,408,309 LSE, Chi-X, BATS, XAMS, CBOE DXE, TQEX GBP, EUR

Material Changes and Observations

The filing does not provide comparative financial data against prior periods. However, the volume of repurchases varied significantly day-to-day, with the highest single-day volume occurring on April 8, 2026 (approx. 4.44 million shares). Share prices fluctuated throughout the month, with GBP-denominated trades ranging roughly between 31.71 and 35.88, and EUR-denominated trades ranging roughly between 36.42 and 41.13.

Guidance, Outlook, and Regulatory Compliance

The buy-back programme is scheduled to run from February 5, 2026, through May 1, 2026. The transactions were conducted in compliance with Chapter 9 of the UK Listing Rules, Article 5 of the EU Market Abuse Regulation (EU MAR), and the UK MAR (as onshored). The filing notes that the report is incorporated by reference into Registration Statements on Form F-3 and Form S-8.

Key Facts for Investor Verification

  • Programme Status: Verify the total cumulative shares repurchased under the February 5, 2026 programme to assess remaining capacity.
  • Share Count: Confirm the impact of these cancellations on the total outstanding share count and earnings per share (EPS).
  • Cost Basis: Review the volume-weighted average prices to determine the total capital deployed in April 2026.
  • Programme End Date: Note that the trading mandate for this specific programme concludes on May 1, 2026.
  • Financial Impact: The filing does not disclose the total cash outflow for the month; this must be calculated by aggregating daily volumes and prices.