Transaction in Own Shares 18 May, 2026 • • • • • • • • • • • • • • • • Shell plc (the ‘Company’) announces that on 18 May, 2026 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: These share purchases form part of the Company’s share buy-back programme previously announced on 7 May 2026. In respect of this programme, Goldman Sachs International will make trading decisions in relation to the securities
independently of the Company for a period from 7 May 2026 up to and including 24 July 2026. Any such share purchases will be effected within certain pre-set parameters and in accordance with the Company’s general authority to repurchase shares. The programme will be conducted in accordance with Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes (“EU MAR”) and EU MAR as “onshored” into UK law from the end of the Brexit transition
period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time (“UK MAR”) and the Commission Delegated Regulation (EU) 2016/1052 (the “EU MAR Delegated Regulation”) and the EU MAR Delegated Regulation as “onshored” into UK law from the
end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310)), from time to time. In accordance with EU MAR and UK MAR, a breakdown of the individual trades made by Goldman Sachs International on behalf of
the Company as a part of the buy-back programme is detailed below. Media: International +44 (0) 207 934 5550; U.S. and Canada: https://www.shell.us/about-us/news-and-insights/media/submit-an-inquiry.html Attachment 20260518_Shell RNS – full version
Shell plc, transaction in own shares, share buy-back programme, Goldman Sachs International, 18 May 2026, 7 May 2026, 24 July 2026
So they’re buying their own shares again… seems like nothing ever changes.
I don’t get it. If they’re buying back stock, doesn’t that mean they’re doing bad? Or is this the “good” kind of bad. Also Goldman’s making the decisions so… typical.
Wait this says Goldman makes the trades independently from May 7 to July 24 but Shell still “purchased for cancellation” on May 18? So who’s really controlling it lol. Sounds like loopholes and fine print. Meanwhile regular people are just watching gas prices.
Every time I see “Market Abuse Regulation” I automatically think shady stuff, like they’re doing it to game the system. Shell buying shares back sounds good on paper, but it’s not like they’re fixing anything. Also 18 May 2026?? that’s random, like why not mention the bigger reason, you know?