OSB Group (OSB): £100m share repurchase programme

This situation live

£1,658m · 483.0p · −8% since the first step

5 Mar 2026 · New £100m programme starting 6 March 2026 · −8% until the next step The Share Repurchase Programme is expected to complete no later than 6 March 2027.

Capital return

£100m share repurchase programme

£69.5m bought by 4 August

MAR6 Next: Complete buyback no later than 6 March 2027 in 133 days

Every step · 5

6 Nov 2025 £67.7m repurchased by 4 November 2025 – The Group had repurchased £67.7m worth of shares under the £100m share repurchase programme1 which is due to complete no later than 10 March 2026. ↗
5 Mar 2026 New £100m programme announced – has today announced a new £100m share repurchase programme to commence on 6 March 2026. ↗
5 Mar 2026 New £100m programme starting 6 March 2026 – The Share Repurchase Programme is expected to complete no later than 6 March 2027. ↗
30 Apr 2026 Under way: £30.2m bought by 28 April – The Group repurchased £30.2m worth of shares under the £100m share repurchase programme2 announced in March which is due to complete no later than 6 March 2027. ↗
6 Aug 2026 £69.5m bought by 4 August – As at market close on 4 August, the Group had repurchased £69.5m worth of shares under the £100m share repurchase programme announced in March which is due... ↗

What is happening

OSB Group: £100m share repurchase programme – £69.5m bought by 4 August. ['£69.5m bought by 4 August']

In short: A new £100m programme began on 6 March 2026, run by Jefferies, with a 13-13.5% post-Basel 3.1 CET1 target. By 4 August 2026 £69.5m had been repurchased, up from £30.2m on 28 April. CET1 was 15.2% at 30 June 2026 after the full programme impact.
Announced: 6 Nov 2025 · £67.7m repurchased by 4 November 2025
Latest: 6 Aug 2026 · £69.5m bought by 4 August
CET1: 15.2% at 30 June 2026 (15.8% at 31 December 2025), including full programme impact
Dividend: Final 24.1p; total 35.3p, up 5%
Completion: No later than 6 March 2027
Broker: Jefferies International Limited, non-discretionary
Max shares: 37,035,134 ordinary shares under the 2025 AGM authority
Treatment: Repurchased shares intended to be cancelled
Progress: £69.5m of £100m repurchased as at market close on 4 August 2026
Interim dividend: 11.8p, paid 18 September 2026; ex-dividend 13 August 2026

Complete buyback no later than 6 March 2027 (6 Mar 2027).

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

Briefing Pro

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

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