Share Buyback Programme
Summary by AI BETAClose X
BARRATT REDROW PLC
Share Buyback Programme
5 January 2026
In its Trading Statement on 15 July 2025, Barratt Redrow plc (the "Company") announced in compliance with the EU and UK Market Abuse Regulations, that it will implement a programme to repurchase its ordinary shares of 10 pence each (the "Shares") up to the value of £100 million in total (excluding expenses) to be completed no later than 30 June 2026 (the "Programme").
Following completion of the First Tranche of the Programme, the Company has entered into an agreement with UBS AG London Branch ("UBS"), under which it has issued instructions to UBS to purchase up to £50 million (excluding expenses) of Shares during the period commencing 5 January 2026 and to be completed no later than 26 June 2026 (the "Second Tranche"). UBS will carry out the Company's instructions through the acquisition of the Shares in the Company for subsequent repurchase by the Company. For the avoidance of doubt, no repurchases will be made in respect of the Company's American Depositary Receipts.
The purpose of the Second Tranche is to reduce the capital of the Company, and it intends that the Shares purchased will be cancelled.
Any share purchases will be made by the Company within certain pre-set parameters and in accordance with the general authority of the Company to repurchase shares granted by shareholders at the Company's Annual General Meeting held on 5 November 2025 which, taking into account shares purchased subsequent to this meeting, permits the Company to purchase no more than 140,788,941 ordinary shares. Any share purchases effected by the Company will be in accordance with the EU and UK Market Abuse Regulations and UKLR 9.
Barratt Redrow plc
John Messenger, Group Investor Relations Director 07867 201 763
Media enquiries
Tim Collins, Group Corporate Affairs Director 01530 278 278
Brunswick
Jonathan Glass / Rosie Oddy 020 7404 5959
Barratt Redrow plc LEI: 2138006R85VEOF5YNK29
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