Confirmation of capital reduction

Summary by AI BETAClose X

FirstGroup plc has announced that the Court of Session has confirmed its capital reduction, which was approved by shareholders on 30 July 2026. This capital reduction will generate £500,000,000 in distributable reserves, enhancing the Group's capacity for future dividends and share buybacks without altering the number or nominal value of its ordinary shares, or impacting its cash position and net assets. The reduction will become effective upon registration with the Registrar of Companies.

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FirstGroup (FGP)
UK 100

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