Earnings call briefSecond-quarter 2026
Shell says it expects to complete $3 billion of buybacks by October
Shell said its 2026 cash capital spending outlook of $24 billion to $26 billion is unchanged and includes some $4 billion for the ARC Resources acquisition and associated cash capital spending.
GetSignal Shell SHEL
Shell said on its second-quarter call on July 30, 2026, that it has announced $3 billion of share buybacks, which it expects to complete by its third-quarter results announcement in October.
Shell also said it will complete the portion of its previous buyback program that was halted because of regulatory restrictions tied to the ARC transaction.
Quotes from the call
“And today, we have announced $3 billion of share buybacks, which we expect to complete by our Q3 results announcement in October.”
“Our cash CapEx outlook of $24 billion to $26 billion for 2026 is unchanged.”
Key facts from the call
- Expected new share buybacks
- $3 billion, to be completed by the third-quarter results announcement in October
- 2026 cash capital spending outlook
- $24 billion to $26 billion, unchanged
- Included in outlook
- some $4 billion for the ARC Resources acquisition and associated cash capital spending
Source: Shell's second-quarter 2026 earnings call, July 30, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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