Share buyback programme
Hays announces £5m share buyback programme to be conducted by BNP Paribas from June to July 2026.
- Buyback consideration £5 million
- Maximum shares that may be purchased 159,815,369
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Hays plc ('Hays' or the 'Company') today announces a share buyback programme to purchase ordinary shares in the Company up to an aggregate consideration of £5 million (the 'Treasury Share Purchase Programme'). Shares purchased under the Treasury Share Purchase Programme will be held in treasury to ensure that the Company has sufficient treasury shares to satisfy its employee share plans.
The Company has entered into an agreement with BNP Paribas to conduct the Treasury Share Purchase Programme on its behalf during open periods. It is due to commence on 1 June 2026 and will conclude on or before 10 July 2026.
Notes
The maximum number of shares that may be purchased as part of the Treasury Share Purchase Programme shall not exceed the Company's existing authority obtained at its Annual General Meeting held on 19 November 2025 (the '2025 Authority') of 159,815,369, being the amount of the 2025 Authority not yet utilised as at the date of this announcement.
The Treasury Share Purchase Programme will be conducted in accordance with (i) the 2025 Authority (ii) the assimilated UK Market Abuse Regulation No. 596/2014 and assimilated Commission Delegated Regulation (EU) 2016/1052 (in each case as they form part of law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018) (as amended) and (iii) Chapter 9 of the UK Financial Conduct Authority's UK Listing Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.