Increase to 2026 Share Buyback Programme
IWG increases 2026 share buyback programme by $50m to $150m total.
- Share buyback programme increase $50m
- Total 2026 share buyback programme $150m
- Maximum shares authorised for purchase 145,918,746
- Maximum shares remaining to purchase 138,231,271
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International Workplace Group plc ("the Company") announced the first tranche of the 2026 share buyback programme on 31 December 2025, and a second tranche on 3 March 2026. Today it announces an increase to the share buyback of $50m, taking the programme up to $150m. This share buyback programme is in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 19 May 2026 in the aggregate amount of 145,918,746 ordinary shares in the Company ("Shares"). Taking into account purchases by the Company since the annual general meeting, the maximum number of Shares which the Company may purchase pursuant to that authority is 138,231,271 Shares.
The Company further notes that the Board has granted authority to Jefferies International Limited ("Jefferies"), to purchase Shares in the market during the closed period (commencing from 1 July 2026 until 11 August 2026, being the date of its 2026 Interim Results, the 'Closed Period'), subject to pre-agreed parameters.
The authority granted is irrevocable and non-discretionary, and during the Closed Period the Board has no power to invoke any changes to the authority and any purchases will be undertaken at the sole discretion of Jefferies.
The Company confirms that it currently has no unpublished inside information.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.