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10 Feb 2025 16:29
FirstGroup Plc - Buyback UpdateFirstGroup Plc - Buyback Update
PR Newswire
LONDON, United Kingdom, February 10
Date 10 February 2025
FirstGroup plc
On-market Share Buyback Programme of £50m
Completion of First Tranche and Commencement of Second Tranche
FirstGroup plc ("FirstGroup") announces that, in accordance with the terms of its on-market share buyback programme announced on 14 November 2024 (the "£50m Programme"), RBC Europe Limited completed the first tranche of £25m on 7 February 2025, with a total of 15,703,358 ordinary shares purchased and currently being held in Treasury.
Accordingly, Panmure Liberum Limited will now commence the second tranche of the Buyback of up to a maximum consideration of £25m with effect from today. The second tranche of the Buyback will continue to be conducted as set out in our announcement of 14 November 2024.
Contacts at FirstGroup:David Blizzard, Company Secretary Marianna Bowes, Head of Investor RelationsTel: +44 (0) 20 7725 3354 |
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Contacts at Liberum Capital Limited:Nicholas How / John FishleyTel: +44 (0) 20 3100 2000 | Contacts at RBC Europe Limited:James Agnew / Jack WoodTel: +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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