Shell Keeps Buying Back Stock as Jackdaw Clears and Infineum Sale Talk Surfaces
Published on 10/27/2026 at 09:31 | Editorial boerse-global.de
Shell's share price came under pressure on Tuesday as weaker crude prices weighed on the wider energy sector, according to media reports. Yet the company's own trading desk showed no sign of stepping back: Shell disclosed a fresh round of buybacks on Friday, picking up 1,027,233 shares on the London Stock Exchange and 515,198 on Euronext Amsterdam. All of the stock was purchased for cancellation under the group's existing repurchase programme.
The purchases follow similar disclosures earlier in the week. On Thursday Shell reported buying 1,075,000 shares in London and 535,000 in Amsterdam, and for 21 October it had already confirmed 1,025,000 shares on the LSE and 525,000 on XAMS — again earmarked for cancellation. The steady drip of regulatory notices underscores how routine the programme has become.
North Sea Green Light
Away from the trading floor, the British government on 21 October approved development of the Jackdaw gas field in the North Sea. The field is operated by Adura, the joint venture between Shell and Equinor. According to the government, supply from Jackdaw could begin by the end of October. Shell welcomed the decision, calling it an important step for UK energy security and for investment.
Divestment Track
In Nigeria, Shell agreed on 13 October to sell its entire stake in the Shell Nigeria Gas Group to Vaaris Energy. The deal covers gas distribution for the domestic Nigerian market, with completion expected in the first half of 2027. Neither company disclosed a sale price.
Should investors sell immediately? Or is it worth buying Shell?
Closer to home, HYDRA SUBSEA struck a standardised pipeline-installation arrangement with Shell Offshore Inc. on 15 October covering selected short subsea tie-back lines. The first proposed application is the gas-lift line for Shell's Appomattox project, though that deployment remains subject to separate assessment, approval and award.
Reporting Relief in Canada
Shell also secured regulatory relief in Canada on 16 October, easing certain disclosure obligations for its oil and gas business. The decision covers specified requirements under NI 51-101 and related reporting duties, and remains tied to conditions that must be met on an ongoing basis. Shell may instead use certain disclosures that comply with US Securities and Exchange Commission rules and file them with Canadian regulators.
Infineum in the Spotlight
Meanwhile, the Financial Times reported that Infineum — the British chemicals company backed by Shell and ExxonMobil — is weighing a sale, with a valuation of $8 billion. The report, published on Thursday, concerns a review at Infineum itself rather than any divestment announced by Shell.
Shell at a turning point? This analysis reveals what investors need to know now.
The next confirmed date on Shell's financial calendar is 29 October, when the company will publish third-quarter 2026 results and declare the corresponding interim dividend.
Ad
Shell Stock: New Analysis - 27 October
Fresh Shell information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
