Business
Buyback of Ordinary Shares
Aviva plc has announced a share buyback programme of its ordinary shares for up to a maximum aggregate consideration of £350 million, commencing on March 6, 2026, and expected to conclude by August 6, 2026. The company has engaged Citigroup Global Markets Limited to execute market purchases of shares, which will subsequently be cancelled to reduce Aviva's share capital. This programme operates under Aviva's general authority to repurchase shares and complies with relevant market regulations. Disclaimer*
About this update from Aviva Plc
5 March 2026 Aviva plc to commence buyback of its ordinary shares for up to a maximum aggregate consideration of £350 million Aviva plc (" Aviva ") announces it will commence a share buyback programme of its ordinary shares (" Shares ") for up to a maximum aggregate consideration of £350 million (the " Programme "), commencing on 6 March 2026. Aviva has entered into a non-discretionary agreement with Citigroup Global Markets Limited (" Broker ") to undertake the Programme by making market purchases of the Shares. The Broker shall make trading decisions under the Programme independently of Aviva, as principal. Shares acquired by the Broker will subsequently be sold on to Aviva and, to the extent permitted by law, such purchased Shares will be cancelled. The purpose of the Programme is therefore to reduce Aviva's share capital. Purchases of Shares under the Programme are expected to commence on 6 March 2026 and to be completed by 6 August 2026. Note: Any purchase of Aviva Shares contemplated by this announcement will be carried out on the London Stock Exchange and/or CBOE Europe Limited and will be executed within certain pre-set parameters and in accordance with Aviva's general authority to repurchase up to 267 million Shares granted by its shareholders on 30 April 2025, Market Abuse Regulation 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 (both as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018), and Chapter 9 of the Financial Conduct Authority's Listing Rules. -ends- Enquiries : Media: Andrew Reid +44 (0)7800 694 276 Sarah Swailes +44 (0)7800 694 859 Marion Fischer +44 (0)7800 693 219 Analysts: Greg Neilson +44 (0)7800 694 564 Joel von Sternberg +44 (0)7384 231 238 Michael O' Hara +44 (0)7387 234 388