Key facts
- Shell has paused its $3 billion share buyback program.
- The suspension is in effect from June 12, 2026, to July 14, 2026.
- The pause is due to securities law requirements linked to the ARC Resources deal.
- Any shares not repurchased will be rolled into the remainder of the company's 2026 buyback programs, subject to board approval.
Shell plc announced it is temporarily pausing its $3 billion share buyback program from June 12 through market close on July 14. The suspension is necessitated by securities law requirements associated with the company's agreement to acquire Canadian energy company ARC Resources Ltd. The original buyback program, announced in May, was intended to reduce issued share capital. Any buybacks not undertaken due to this suspension will be considered part of the remaining 2026 programs, subject to Board approval. Shell had previously cut its quarterly buyback to $3 billion from $3.5 billion in May to preserve cash.