• Shell expects 2026 cash capital expenditure of $23 billion to $25 billion, including about $4 billion for the ARC Resources acquisition.
• A new $5 billion share buyback program is expected to finish by the Q4 results announcement on February 4.
• Shareholder distributions remain targeted at 40% to 50% of cash flow from operations through the cycle.
• Third-quarter cash flow from operations reached $21 billion, with adjusted earnings of $10.8 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shell plc published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.