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Shell Kicks off New $3 Billion Stock Repurchase Plan

MT Newswires·07/30/2026 03:06:05
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03:06 AM EDT, 07/30/2026 (MT Newswires) -- Shell (SHEL.L, SHELL.AS) launched a $3 billion stock repurchase program to reduce its share capital, according to a Thursday filing. Under the three-month plan, the energy major will also buy back shares worth $1.23 billion, which it could not repurchase under its previous program that was suspended due to its planned acquisition of ARC Resources. The repurchased shares will be cancelled.