buyback update, $70 oil and the date investors circle this week
LONDON, Feb 1, 2026, 08:11 GMT — The market has closed.
Shell’s shares on the London Stock Exchange ended Friday at 2,794 pence (£27.94), slipping 3.5 pence, or 0.13%. With the market closed Sunday, Monday will be the next opportunity for investors to respond. (Bloomberg)
Shell has kicked off a $3.5 billion share buyback, targeting both London and Netherlands exchanges. The plan is to complete the repurchase before releasing its fourth-quarter results, according to the company. A buyback means Shell is buying back and cancelling its own shares, which reduces the total number of shares outstanding. (Shell)
Investors will get their hands on the quarterly report soon. Shell plans to release its fourth-quarter…
