Firstgroup PlcLSE: FGP

Buyback Programme

· Issued by FirstGroup plc via PR Newswire

Summary by 6ix

FirstGroup plc said Panmure Liberum Limited completed the second tranche (instalment) of its £100m on-market share buyback, in which shares are bought on the stock market, on October 9, 2026, and RBC Europe Limited is starting the third £25m tranche with effect from October 12, 2026.

Key details

  • In the first two tranches, 27,522,679 ordinary shares have been bought for £49,806,894.
  • The repurchased shares are currently being held in treasury, meaning the company holds them itself.
  • The £100m buyback programme was first announced on June 18, 2026.

What’s still pending

  • The third and fourth tranches are expected to proceed as set out in FirstGroup's June 18, 2026 announcement.

6ix wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/buyback-programme-5

Watch Firstgroup explain itFirstGroup plc (FGP) Q4 2026 Earnings Call · Replay · Jun 18

12 October 2026

FirstGroup plc

On-market Share Buyback Programme of £100m

Completion of Second Tranche and Commencement of Third Tranche

FirstGroup plc ("FirstGroup") announces that, in accordance with the terms of its £100m on-market share buyback programme announced on 18 June 2026 (the “Buyback”), Panmure Liberum Limited completed the second tranche on 9 October 2026.  In the first two tranches 27,522,679 ordinary shares have been purchased for £49,806,894.  The shares are currently being held in Treasury.

RBC Europe Limited will now commence the third £25m tranche of the Buyback of with effect from today.  The third and fourth tranches of the Buyback are expected to proceed as set out in our announcement of 18 June 2026.

Contacts at FirstGroup:
David Blizzard

General Counsel and Company Secretary

Marianna Bowes, Head of Investor Relations
Tel: +44 (0) 20 7725 3354

Contacts at Panmure Liberum Limited:
Nicholas How / Satbir Kler
Tel: +44 (0) 20 3100 2000 

Contacts at RBC Europe Limited:
James Agnew / Elliot Thomas
Tel: +44 (0) 20 7653 4000

Forward-looking statements

Certain statements included or incorporated by reference within this announcement may constitute 'forward-looking statements' with respect to the business, strategy and plans of the Group and our current goals, assumptions and expectations relating to our future financial condition, performance and results. By their nature, forward-looking statements involve known and unknown risks, assumptions, uncertainties and other factors that cause actual results, performance or achievements of the Group to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. No statement in this announcement should be construed as a profit forecast for any period. Shareholders are cautioned not to place undue reliance on the forward-looking statements. Except as required by the UK Listing Rules and applicable law, the Group does not undertake any obligation to update or change any forward-looking statements to reflect events occurring after the date of this announcement.

Notes                                                                                                                                                    

Legal Entity Identifier (LEI): 549300DEJZCPWA4HKM93.  Classification as per DTR 6 Annex 1R: 2.4.


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