# Shares in the London-based oil major were down 2.9% at 3,121.00 pence each in London on Thursday.

*business · news · 2026-05-07 · MarketScreener*

## Key points

- Shell increased its first quarter dividend by 9.1% year-on-year to USD0.3906 per share.
- Shell reduced its quarterly share buyback to USD3 billion from the previous USD3.5 billion.
- 2026 capital expenditure forecast was raised to USD24–26 billion, up from USD20 billion previously.
- Cash flow from operating activities fell sharply to USD6.06 billion from USD9.28 billion year-on-year.

**Companies:** Shell PLC
**Countries:** United Kingdom

[Read the full story on MarketScreener](https://www.marketscreener.com/news/shell-ups-dividend-trims-buyback-as-oil-price-strength-boosts-profit-ce7f58d3db8cfe27)

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