Business
Share Buyback Programme
Barratt Redrow plc has initiated the second tranche of its share buyback programme, agreeing to purchase up to £50 million of its ordinary shares through UBS AG London Branch, with completion expected by 26 June 2026. This follows the initial announcement of a total buyback programme of £100 million, which is intended to reduce the company's capital and will result in the cancellation of repurchased shares. The purchases will adhere to shareholder authority granted at the AGM on 5 November 2025, permitting the acquisition of no more than 140,788,941 ordinary shares, and will comply with relevant market abuse regulations. Disclaimer*
About this update from Barratt Redrow Plc
[{"type":"text","content":"\n\nBARRATT REDROW PLC\n\nShare Buyback Programme\n \n5 January 2026\n \nIn its Trading Statement on 15 July 2025, Barratt Redrow plc (the \"Company\") announced in compliance with the EU and UK Market Abuse Regulations, that it will implement a programme to repurchase its ordinary shares of 10 pence each (the \"Shares\") up to the value of £100 million in total (excluding expenses) to be completed no later than 30 June 2026 (the \"Programme\").\nFollowing completion of the First Tranche of the Programme, the Company has entered into an agreement with UBS AG London Branch (\"UBS\"), under which it has issued instructions to UBS to purchase up to £50 million (excluding expenses) of Shares during the period commencing 5 January 2026 and to be completed no later than 26 June 2026 (the \"Second Tranche\"). UBS will carry out the Company's instructions through the acquisition of the Shares in the Company for subsequent repurchase by the Company. For the avoidance of doubt, no repurchases will be made in respect of the Company's American Depositary Receipts.\nThe purpose of the Second Tranche is to reduce the capital of the Company, and it intends that the Shares purchased will be cancelled.\nAny share purchases will be made by the Company within certain pre-set parameters and in accordance with the general authority of the Company to repurchase shares granted by shareholders at the Company's Annual General Meeting held on 5 November 2025 which, taking into account shares purchased subsequent to this meeting, permits the Company to purchase no more than 140,788,941 ordinary shares. Any share purchases effected by the Company will be in accordance with the EU and UK Market Abuse Regulations and UKLR 9.\n \nBarratt Redrow plc\nJohn Messenger, Group Investor Relations Director 07867 201 763\n \nMedia enquiries\nTim Collins, Group Corporate Affairs Director 01530 278 278\n \nB...