LSL Property Services (LSL): £12m share buyback programme

This situation live

£249m · 257.0p · +2% since the first step

27 Jan 2026 · Launched, following completion of £7m programme · −17% until the next step the Board is announcing separately today the launch of a new £12m share buyback programme.

15 May 2026 · Enlarged buyback still in progress · +25% until the next step We are progressing the enlarged share buy-back programme which we launched in January.

Capital return

£12m share buyback programme

In progress; £4.8m deployed in H1

JAN1 Next: complete buyback programme in 69 days

Every step · 5

27 Jan 2026 Launched, following completion of £7m programme – the Board is announcing separately today the launch of a new £12m share buyback programme. ↗
27 Jan 2026 Commenced; Shore Capital executing, non-discretionary – Shore Capital Stockbrokers Limited ("Shore Capital") has been appointed to manage the non-discretionary share buyback programme to repurchase Ordinary... ↗
19 Mar 2026 Under way; £7m programme complete – The £7m share buy-back programme is now complete. A newly enlarged £12m share buy-back programme was launched in January 2026 ↗
15 May 2026 Enlarged buyback still in progress – We are progressing the enlarged share buy-back programme which we launched in January. ↗
15 Sep 2026 In progress; £4.8m deployed in H1 – £12m Share Buyback Programme progressed during the period and is on track to complete by January 2027. ↗

What is happening

LSL Property Services: £12m share buyback programme – In progress; £4.8m deployed in H1. ['In progress; £4.8m deployed in H1']

In short: The £7m buyback was completed and followed in January 2026 by a larger £12m programme funded from existing cash. The H1 results (15 Sep 2026) show £4.8m deployed in the half and completion on track by January 2027, alongside an unchanged 4.0p interim dividend.
Announced: 27 Jan 2026 · Launched, following completion of £7m programme
Latest: 15 Sep 2026 · In progress; £4.8m deployed in H1
Size: £12m programme launched January 2026
Status: Progressing, per 15 May 2026 AGM update
Deployed H1 2026: £4.8m
Completion: On track by January 2027
Interim dividend: 4.0p maintained

complete buyback programme (1 Jan 2027).

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.

Also at LSL Property Services 1 open