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Secure Trust Bank (STB): Share buyback programme

This situation live

STB Secure Trust Bank

£267m · £13.70 · −0% since the first step
£16.14 £12.42 Now £13.70 · 23 Oct +14% −13% −2% Jun ’26JulAugSepOct
29 Jun 2026 · First £5m tranche launched 29 June 2026 · +14% until the next step This is the first tranche of its planned £10 million share buyback programme to be delivered over the next twelve months.
Capital return
Share buyback programme
Completed: both £5m tranches done
Every step · 3
  1. 29 Jun 2026 First £5m tranche launched 29 June 2026 – This is the first tranche of its planned £10 million share buyback programme to be delivered over the next twelve months. ↗
  2. 13 Aug 2026 First £5m tranche complete; second planned H2 – £10 million share buyback programme received regulatory approval, with the initial £5 million tranche complete and the second £5 million tranche planned for H2 ↗
  3. 22 Oct 2026 Completed: both £5m tranches done – Successfully completed the second £5 million tranche of the £10 million share buyback programme, returning excess capital from the sale of the Consumer... ↗

What is happening

Secure Trust Bank: Share buyback programme – Completed: both £5m tranches done. ['Completed: both £5m tranches done']

In short
STB committed on 12 March 2026 to a £10m buyback over 12 months. The first £5m tranche launched on 29 June 2026 and was complete by 13 August 2026. The 22 October 2026 Q3 update says the second £5m tranche is complete too, so the £10m programme is finished, returning surplus capital from the Consumer Vehicle Finance sale.
Announced
29 Jun 2026 · First £5m tranche launched 29 June 2026
Latest
22 Oct 2026 · Completed: both £5m tranches done
Treatment
All repurchased shares will be cancelled
Use of money
Excess capital from the sale of the Consumer Vehicle Finance business
First tranche
£5m launched 29 June 2026; complete by 13 August 2026
Second tranche
£5m completed, announced 22 October 2026
Funding
Capital released by the Consumer Vehicle Finance sale, alongside progressive dividend
Capital returned
c.30 bps via buyback and interim dividend in H1 2026
Size
£10m total, two £5m tranches
Status
£10m programme complete
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Also at Secure Trust Bank 1 open
Disposal of a part (break-up)Consumer Vehicle Finance sale – Provision £21.5m held at 31 Dec 2025 Insider conviction5 directors buying – £2,035k in 16 buys · closed Insider conviction6 directors buying – £424k in 7 buys · closed Secure Trust Bank – company page →

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