Correction: Transaction in Own Shares

What happened

Foresight Group corrected its 23 October 2026 announcement: the total Ordinary Shares with voting rights was wrongly stated as 11,081,960, and the correct figure is 111,081,960. All other information is unchanged, including buybacks through Berenberg.

Confirmed

Global impact / market context

The corrected share count is about ten times larger than before. Per-share measures such as earnings per share, which means profit divided by the number of shares, would look much smaller, so anyone who valued Foresight using the wrong figure may have overstated what each share is worth.

Analyst inference

Foresight is buying back its own shares, which reduces the number outstanding and can support the share price. The correction changes the share count used to spread profit across shares, which matters to holders working out what each share earns.

Analyst inference

What to watch

1. Foresight's buyback programme was announced on 10 April 2025 and purchases run through Berenberg, which means the broker buys shares on the company's behalf in the market. Confirmed
2. Watch whether Foresight issues further corrections or a consolidated figure for total voting rights, since the corrected 111,081,960 replaces a figure roughly one-tenth the size. Proposed
3. Track how many shares are bought back each day, because repurchases shrink the share count and raise the profit attributable to each remaining share, which is earnings per share. Analyst inference

Evidence

• globenewswire.com