Fuller, Smith & Turner PLC: Transaction in own shares

What happened

Fuller, Smith & Turner PLC bought its “A” Ordinary Shares on the London Stock Exchange through Investec Bank plc between 19 and 23 October 2026 as part of its share buyback programme announced on 22 June 2026. The company will hold the repurchased shares in Treasury.

Confirmed

Global impact / market context

A share buyback uses company cash to buy back stock, which can support the share price and lift profit per share by spreading earnings over fewer shares. Holding the shares in Treasury means they are not cancelled, so they could later be sold or used for employee plans.

Analyst inference

The purchases happened at rising average prices, from about 766p to about 785p, as the buyback continued. Investors can use the reported voting rights total of 30,802,531 when calculating their share of ownership, because Treasury shares carry no votes.

Analyst inference

What to watch

1. Fuller’s lists 34,082,515 “A” Ordinary Shares in issue, of which 3,279,984 are held in Treasury, leaving 30,802,531 listed voting rights under Disclosure and Transparency Rule 5.6.1. Confirmed
2. Watch whether Fuller’s continues buying shares under the programme announced on 22 June 2026, and whether future repurchased shares are held in Treasury or cancelled. Proposed
3. Rising buyback prices increase the cash cost per share repurchased, so further purchases could reduce cash available for other uses such as pub investment or debt reduction. Analyst inference

Evidence

• eqs-news.com