Franchise Brands (FRAN): Share buy-back programme
This situation live
FRAN Franchise Brands
28 Jan 2026 · Intention announced, subject to consents · −12% until the next step
the Company announces its intention to launch a share buy-back programme of up to £10m subject to obtaining certain consents.
25 Mar 2026 · Still intention; consents awaited, replaces £5m programme · +3% until the next step
In the January trading update, the Company announced its intention to launch a new share buy-back programme of up to £10m, subject to obtaining certain consents.
31 Mar 2026 · Reserves being created; buy-back still awaiting consents · +22% until the next step
The General Meeting will be held at the offices of Gateley Legal, 1 Paternoster Square, London, EC4M 7DX will be held at 11:15 a.m. (or, if later, immediately following the conclusion of the Annual Ge
29 Jul 2026 · Reserves created; only EBT purchases mentioned · +2% since
Following the High Court's approval, the cancellation of the Company's share premium account was duly completed on 4 June 2026.
Share buy-back programme
Reserves created; only EBT purchases mentioned
Every step · 4
- 28 Jan 2026 Intention announced, subject to consents – the Company announces its intention to launch a share buy-back programme of up to £10m subject to obtaining certain consents. ↗
- 25 Mar 2026 Still intention; consents awaited, replaces £5m programme – In the January trading update, the Company announced its intention to launch a new share buy-back programme of up to £10m, subject to obtaining certain consents. ↗
- 31 Mar 2026 Reserves being created; buy-back still awaiting consents – The General Meeting will be held at the offices of Gateley Legal, 1 Paternoster Square, London, EC4M 7DX will be held at 11:15 a.m. (or, if later,... ↗
- 29 Jul 2026 Reserves created; only EBT purchases mentioned – Following the High Court's approval, the cancellation of the Company's share premium account was duly completed on 4 June 2026. ↗
What is happening
Franchise Brands: Share buy-back programme – Reserves created; only EBT purchases mentioned. ['Reserves created; only EBT purchases mentioned']
- In short
- A buy-back of up to £10m was announced in January 2026, subject to consents, and the share premium cancellation was proposed to create reserves. The cancellation completed on 4 June 2026, creating about £131.1m of distributable reserves. The H1 statement only mentions continued EBT share purchases and gives no update on the company buy-back.
- Announced
- 28 Jan 2026 · Intention announced, subject to consents
- Latest
- 29 Jul 2026 · Reserves created; only EBT purchases mentioned
- Reserves
- About £131.1m of additional distributable reserves created; cancellation completed 4 June 2026
- Buy-back size
- Up to £10m announced in January 2026
- Current stance
- Primary objective is debt reduction; EBT purchases continue to cover option dilution
From the company's own announcements. Not investment advice.
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