Completion of Share Buyback Programme
Completion of £10 million share buyback programme announced in June 2026.
- Second tranche repurchased 331,134 ordinary shares
- Average price per share (second tranche) 1509.361 pence
- Second tranche cost approximately £5 million
- Total programme repurchased 654,540 ordinary shares
- Average price per share (total programme) 1527.790 pence
- Total programme cost £10 million
Select text to share a quote on X · sign in to keep highlights & notes in your STB notes
Secure Trust Bank PLC (the "Company") announces that the second £5 million tranche of its £10 million share buyback programme announced on 7 September 2026 has been completed in accordance with its terms. This concludes the full £10 million share buyback programme announced on 29 June 2026.
Between 7 September 2026 and 20 October 2026, the Company repurchased 331,134 ordinary shares in aggregate at an average price of 1509.361 pence per share, for an aggregate consideration of approximately £5 million.
Overall, the £10 million share buyback programme resulted in the repurchase of 654,540 ordinary shares at an average price of 1527.790 pence per share.
The Company's planned £10 million share buyback was intended to return excess capital, released from the sale of its Consumer Vehicle Finance business to shareholders alongside its progressive dividend policy.
- Business Finance, and
- Retail Finance through its V12 brand.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.