Currys (CURY): £50m share buyback

This situation live

£1,543m · 144.6p · +14% since the first step

19 May 2026 · £74m returned to shareholders in the year; buyback completion not confirmed · +11% until the next step £74m of cash returned to shareholders during the year

2 Jul 2026 · Prior buyback done; new £50m starts · −8% until the next step The Group is commencing a new £50m share buyback programme today.

10 Sep 2026 · £23m of £50m completed · −2% since £50m share buyback underway with £23m completed to date

Capital return

£50m share buyback

£23m of £50m completed

DEC17 Next: complete the £50m buyback; further returns at interim results in 54 days

Every step · 5

18 Dec 2025 £30m of £50m completed – Share buybacks of £50m of which £30m has been completed to date, with remaining £20m to be completed no later than 30 April 2026, subject to market conditions ↗
21 Jan 2026 £30m of £50m done; £20m remaining – Share buybacks of £50m of which £30m has been completed to date, with remaining £20m to be completed no later than 30 April 2026, subject to market conditions ↗
19 May 2026 £74m returned to shareholders in the year; buyback completion not confirmed – £74m of cash returned to shareholders during the year ↗
2 Jul 2026 Prior buyback done; new £50m starts – The Group is commencing a new £50m share buyback programme today. ↗
10 Sep 2026 £23m of £50m completed – £50m share buyback underway with £23m completed to date ↗

What is happening

Currys: £50m share buyback – £23m of £50m completed. ['£23m of £50m completed']

In short: The new £50m buyback began on 2 July 2026, after the prior £50m programme was completed in FY26, and is part of c.£85m planned cash returns for 2026/27. By 29 August £23m was done, and year-end net cash is expected well above the £100m target.
Announced: 18 Dec 2025 · £30m of £50m completed
Latest: 10 Sep 2026 · £23m of £50m completed
New buyback: £50m, commencing 2 July 2026
Returns FY26: £74m shareholder returns in the year
Planned returns: c.£85m total cash returns in 2026/27
Dividend: Final 2.25p; full year 3.0p, +100%; cover 4.5x
Net cash floor: At least £100m year-end net cash maintained
Buyback size: £50m, commenced 2 July 2026
Completed: £23m to date
Net cash: Expected well above £100m target at year end

complete the £50m buyback; further returns at interim results (17 Dec 2026).

Briefing Pro

What it does, how it got here, what management promised and delivered – written from its own announcements.

From the company's own announcements. Not investment advice.

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