Completion of First Tranche of Share Buyback

Summary by AI BETAClose X

Secure Trust Bank PLC has successfully completed the first £5 million tranche of its share buyback programme, repurchasing 323,406 ordinary shares between June 29 and August 5, 2026, at an average price of 1,546.036 pence per share. This buyback, funded by excess capital from the sale of its Consumer Vehicle Finance business, is part of a planned £10 million return to shareholders. The company intends to launch the second £5 million tranche in September 2026.

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