FirstGroup (FGP): Special dividend and return of capital

This situation live

FGP FirstGroup

£1,046m · 214.8p · +23% since the first step

18 Jun 2026 · announced · −4% until the next step The sole purpose of the £100m Programme is to reduce the issued share capital of the Group.

18 Jun 2026 · announced · −4% until the next step Our strong performance in FY 2026 against significant headwinds has reinforced our track record for delivery and shareholder returns.

27 Jul 2026 · announced · −7% until the next step RBC Europe Limited completed the first tranche on 24 July 2026, with a total of 13,553,662 ordinary shares purchased for a total of £24,806,895.

18 Sep 2026 · completed · +13% until the next step The Capital Reduction will create additional distributable reserves of £500,000,000 for the Group, providing greater flexibility to support future dividends and share buybacks.

12 Oct 2026 · announced · +2% until the next step In the first two tranches 27,522,679 ordinary shares have been purchased for £49,806,894.

13 Oct 2026 · proposed · +11% since The Capital Reduction creates additional distributable reserves of £500,000,000 for the Group, providing greater flexibility to support future dividends and share buybacks.

Capital return

Special dividend and return of capital

proposed

Kindspecial dividend

Amount£500,000,000

Of market value54.5%

As of 13 Oct 2026 ↗

Since Oct 2023: 119 situations of this kind – paid out 63%, went quiet 37%; median share price +5% six months after they opened

Every step · 7

18 Jun 2026 announced – The sole purpose of the £100m Programme is to reduce the issued share capital of the Group. ↗
18 Jun 2026 announced – Our strong performance in FY 2026 against significant headwinds has reinforced our track record for delivery and shareholder returns. ↗
18 Jun 2026 proposed – Our strong performance in FY 2026 against significant headwinds has reinforced our track record for delivery and shareholder returns. ↗
27 Jul 2026 announced – RBC Europe Limited completed the first tranche on 24 July 2026, with a total of 13,553,662 ordinary shares purchased for a total of £24,806,895. ↗
18 Sep 2026 completed – The Capital Reduction will create additional distributable reserves of £500,000,000 for the Group, providing greater flexibility to support future dividends... ↗
12 Oct 2026 announced – In the first two tranches 27,522,679 ordinary shares have been purchased for £49,806,894. ↗
13 Oct 2026 proposed – The Capital Reduction creates additional distributable reserves of £500,000,000 for the Group, providing greater flexibility to support future dividends and... ↗

What is happening

FirstGroup: Special dividend and return of capital – proposed. ['proposed']

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

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