Purchases of Own Shares

Summary by AI BETAClose X

Frasers Group PLC has initiated a share buyback program through an arrangement with Panmure Liberum Limited, authorized by its last annual general meeting. This program allows for the purchase of up to 10,000,000 ordinary shares, with an aggregate purchase price not exceeding £80,000,000, to reduce the company's share capital. The buyback will occur between the announcement date and the trading day before the next annual general meeting, expected in mid-September 2026, with purchased shares to be held in treasury.

Disclaimer*

Frasers Group PLC
20 July 2026
 

20 July 2026

 

FRASERS GROUP PLC - PURCHASES OF OWN SHARES

                                                                                                         

Frasers Group plc (the "Company") announces that it has entered into an arrangement with Panmure Liberum Limited ("Panmure Liberum") to conduct a share buyback programme on its behalf.

 

This arrangement is made under the authority granted at the Company's last annual general meeting ("AGM") on 24 September 2025 which authorised the Company to make market purchases up to a maximum aggregate of 67,502,373 ordinary shares in the Company. The limits for this arrangement with Panmure Liberum set out below ensure that purchases shall remain within the existing authority.

 

The arrangement allows Panmure Liberum to purchase up to 10,000,000 ordinary shares of 10 pence each in the Company between the date hereof and the trading day immediately prior to the Company's next AGM, which is currently expected to take place mid-September 2026. These share purchases will be made on the Company's behalf and in accordance with the arrangement.

 

Any share purchases effected pursuant to the arrangement will be subject to the terms of the engagement with Panmure Liberum and in any case will be effected in a manner consistent with both the general authority vested in the Company to repurchase shares and the UK Listing Rules. The aggregate purchase price under this arrangement will not exceed £80,000,000.

 

Following the purchase of the shares, they will be placed into treasury. The sole purpose of these share purchases is to reduce the Company's share capital.

 

Ends

 

FRASERS GROUP PLC 

 

Chris Wootton, Chief Financial Officer  

T. 0344 245 9200 

E. Financial@frasers.group  

 

Andrew Kasoulis, Investor Relations Director  

T. 07826 532191 

E. Andrew.Kasoulis@frasers.group    

 

Emma Reid, Company Secretary 

LEI: 213800JEGHHEAXIJDX34 

T. 0344 245 9200 

E. company.secretary@frasers.group 

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