IWG increases buyback programme by $50m

(Sharecast News) - Serviced offices provider International Workplace Group said on Tuesday that it has increased its 2026 share buyback programme by $50m, taking the total to $150m.

IWG said the move was being carried out under authority granted at its AGM on 19 May, covering up to 145.91m ordinary shares. After purchases already made since the meeting, the maximum number of shares the company may still buy under that authority stands at 138.23m.

The move follows the first tranche announced on 31 December 2025 and a second tranche on 3 March.

The FTSE 250-listed group added that its board had authorised Jefferies International to purchase shares during the closed period running from 1 July to 11 August, ahead of its interim results.

As of 0815 BST, IWG shares were up 4.63% at 192p.

Reporting by Iain Gilbert at Sharecast.com

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