Plus500 announces start of $100M share buyback program
Online trading company Plus500 Ltd (LON:PLUS) today announced the commencement of a new share buyback program, to purchase a total of up to $100.0 million of the company’s shares.
The program forms part of the $182.5 million of shareholder returns announced in the company’s H1 2026 Interim Results on 10 August 2026, which also included total dividends of $82.5 million.
The maximum number of shares the Company is entitled to repurchase under the Share Buyback Program is up to 5,759,572 shares. This figure represents the total number of shares the Company is authorised to purchase pursuant to the authority granted by shareholders at the Company’s most recent Annual General Meeting held on 5 May 2026, less the number of shares that have already been repurchased pursuant to that authority.
Share purchases will take place in open market transactions and may be executed from time to time depending on market conditions, share price, trading volume and other factors. Panmure Liberum Limited will manage the Share Buyback Program, which is an irrevocable, non‐discretionary share buyback program to repurchase the Company’s shares on its behalf, and within certain defined parameters.
The program will run from today until no later than the announcement date of the Interim Results for H1 2027.
