FirstGroup PLC Announces Continued Share Buyback Program
LONDON, United Kingdom — FirstGroup plc, a leading international passenger group with operations in bus and rail transportation across the United Kingdom and North America, has continued its share buyback program as part of its strategic financial management. The company, which operates in the industrials sector with a focus on ground transportation, has been actively purchasing its own shares through RBC Europe Limited, as announced on June 10, 2025.
Recent Transactions
On July 18, 2025, FirstGroup purchased 351,907 ordinary shares at a weighted average price of 221.48 pence, with the highest price paid being 223.60 pence and the lowest at 217.40 pence. This transaction increased the number of treasury shares held by FirstGroup to 175,345,608. The total number of ordinary shares in issue, excluding treasury shares, stands at 575,349,407.
The previous day, on July 17, the company acquired 589,662 ordinary shares at a weighted average price of 218.39 pence, with the highest and lowest prices paid being 219.80 pence and 216.80 pence, respectively. Following this purchase, the treasury shares held by FirstGroup were 174,993,701, with the total number of ordinary shares in issue, excluding treasury shares, at 575,701,314.
On July 16, FirstGroup bought 665,000 ordinary shares at a weighted average price of 220.77 pence, with the highest price paid at 222.80 pence and the lowest at 219.00 pence. This brought the number of treasury shares to 174,404,039, with the total number of ordinary shares in issue, excluding treasury shares, at 576,290,976.
Strategic Implications
FirstGroup initially intends to hold these purchased shares as treasury shares but may cancel them in due course. The total number of voting rights in FirstGroup, excluding treasury shares, is used by shareholders to determine if they need to notify their interest in, or a change to their interest in, the company under the FCA’s Disclosure and Transparency Rules.
Company Overview
FirstGroup plc is an international passenger group with a diverse portfolio of bus and rail operations in the United Kingdom and North America. The company’s operations include bus and passenger rail franchises, transit management, school bus operations, and fleet maintenance. FirstGroup’s stock is traded on the London Stock Exchange, with a market capitalization of £127,060,032,000 and a price-to-earnings ratio of 10.726. The close price of the stock on July 16, 2025, was 221.6 pence, with a 52-week high of 238.2 pence on June 12, 2025, and a 52-week low of 128.6 pence on November 3, 2024.
For further information, shareholders and interested parties can contact Marianna Bowes, Head of Investor Relations, or David Blizzard at FirstGroup.
This structured approach provides a clear and factual overview of FirstGroup’s recent share buyback activities and their implications, while also offering a snapshot of the company’s financial standing and operations.