An apparatus for cutting a previously flared shield conductor of a shielded electrical cable includes a two-piece clamping die having an aperture in which the shielded electrical cable is secured and a cutting surface. The clamping die is opened and closed around the shielded electrical cable. The apparatus further includes a cutting tube configured to be pressed against the cutting surface while the flared shield conductor is between the cutting tube and the cutting surface, thereby cutting a portion of a free end of the flared shield conductor. Alternatively, the apparatus may include a die comprising a cutting surface and an aperture in which the end of the shielded electrical cable is received. The cutting tube has two parts that are closed about the shielded electrical cable and pressed against the cutting surface while the flared shield conductor is disposed between the cutting tube and the cutting surface.