Completion of Buyback Programme
Completed £50m buyback programme, repurchasing 30.5m shares at average price of 163.94p.
- Total consideration £49,999,991
- Shares repurchased 30,498,221
- Average price per share 163.94p
Select text to share a quote on X · sign in to keep highlights & notes in your FGP notes
On 14 November 2024 FirstGroup plc (the ‘Group’) announced an on-market share buyback programme to purchase up to £50m of ordinary shares (the “Programme”), which commenced on 15 November 2024.
The Group confirms that, having repurchased 30,498,221 shares for a total consideration of £49,999,991 the Programme is now complete. The average price of shares bought back under the Programme was 163.94 pence per share.
Looking ahead, the Group’s strong balance sheet position and cash generative businesses allow us to continue to invest in decarbonisation, grow and diversify our portfolio, maintain our progressive dividend policy and for potential further capital returns to shareholders, which the Board keeps under review.
| Contacts at FirstGroup: David Blizzard, Company Secretary Marianna Bowes, Head of Investor Relations Tel: +44 (0) 20 7725 3354 | Contacts at Brunswick Group: Andrew Porter / Simone Selzer Tel: +44 (0) 20 7404 5959 |
| Contacts at Panmure Liberum: Nicholas How / John More Tel: +44 (0) 20 3100 2000 | Contacts at RBC Europe Limited: James Agnew / Jack Wood Tel: +44 (0) 20 7653 4000 |
Notes
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.