FIRSTGROUP

FirstGroup has completed the first tranche of its up to £100m share buyback programme: RBC Europe Limited acquired 13,553,662 ordinary shares for an aggregate consideration of £24,806,895, which are now held as treasury shares. The programme was announced on 18 June; Panmure Liberum will begin the second tranche, starting today, totalling £25m, and further tranches will proceed as planned. » More on de.investing.com

FirstGroup announces a market‑purchased share buyback programme of up to £100 million, limited to 84,323,374 shares (14.99% of issued share capital). The programme starts on Friday, will run in four tranches of up to £25 million each and is to be completed by 17 June 2027 at the latest; RBC and Panmure Liberum will alternate handling the tranches and are permitted to make purchases during closed periods. Repurchased shares will be held as treasury shares and subsequently cancelled; purchases will be announced within seven dealing days and the programme will be conducted in accordance with the Market Abuse Regulation and the Listing Rules. » More on de.investing.com

The FirstGroup share climbed 5.2% to 183.63p after full-year results for the year to 28 March 2026 showed a marked earnings jump from rising passenger numbers and improved margins at First Bus and First Rail. Management had already signalled positive trends in the trading update and announced a review of the share buyback programme. All analysts recommend buy with a consensus target of around 250p, leaving the stock still below its 52-week high of 240.4p. The price rise was company-specific while the broader market traded weaker. » More on de.investing.com