---
title: "Key facts: Shell best profit in two years; $3B buybacks, GS to trade"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286016018.md"
description: "Shell reported its highest quarterly profit in two years, driven by increased oil and gas prices and trading gains. The company has reduced its share buyback program to $3 billion from $3.5 billion to maintain cash and flexibility. Additionally, Goldman Sachs International will manage trades for Shell from May 7 to July 24, 2026, under the confirmed repurchase program."
datetime: "2026-05-12T01:03:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286016018.md)
  - [en](https://longbridge.com/en/news/286016018.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286016018.md)
---

# Key facts: Shell best profit in two years; $3B buybacks, GS to trade

-   Shell posted its best quarterly profit in two years as oil, gas prices and trading gains rose; buybacks cut to $3B from $3.5B to preserve cash and flexibility.1
-   On 8 May 2026 Shell confirmed share buybacks under the 7 May repurchase program. Goldman Sachs International will execute trades for Shell from 7 May to 24 July 2026 within set limits.2

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## Related News & Research

- [Shell profits double to nearly $10bn as oil prices spike](https://longbridge.com/en/news/294312798.md)
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