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Shell Kicks Off $5 Billion Share Buyback

MT Newswires·10/29/2026 03:28:29
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03:28 AM EDT, 10/29/2026 (MT Newswires) -- Shell (SHEL.L, SHELL.AS) launched a program to repurchase $5 billion worth of shares on the London stock exchange and Euronext Amsterdam, according to a Thursday release. The oil and gas major appointed two brokers to buy back up to $3 billion worth of shares in London and $2 billion in Amsterdam under agreements running through Jan. 29, 2027. The three-month program is expected to conclude before Shell releases its fourth-quarter results.