REG - Barratt Redrow PLC - Share Buyback Programme

Barratt RedrowAnnouncement

Mon 07:00

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RNS Number : 5147N  Barratt Redrow PLC  05 January 2026

BARRATT REDROW PLC

Share Buyback Programme

 

5 January 2026

 

In its Trading Statement on 15 July 2025, Barratt Redrow plc (the "Company")
announced in compliance with the EU and UK Market Abuse Regulations, that it
will implement a programme to repurchase its ordinary shares of 10 pence each
(the "Shares") up to the value of £100 million in total (excluding expenses)
to be completed no later than 30 June 2026 (the "Programme").

Following completion of the First Tranche of the Programme, the Company has
entered into an agreement with UBS AG London Branch ("UBS"), under which it
has issued instructions to UBS to purchase up to £50 million (excluding
expenses) of Shares during the period commencing 5 January 2026 and to be
completed no later than 26 June 2026 (the "Second Tranche"). UBS will carry
out the Company's instructions through the acquisition of the Shares in the
Company for subsequent repurchase by the Company. For the avoidance of doubt,
no repurchases will be made in respect of the Company's American Depositary
Receipts.

The purpose of the Second Tranche is to reduce the capital of the Company,
and it intends that the Shares purchased will be cancelled.

Any share purchases will be made by the Company within certain pre-set
parameters and in accordance with the general authority of the Company to
repurchase shares granted by shareholders at the Company's Annual General
Meeting held on 5 November 2025 which, taking into account shares purchased
subsequent to this meeting, permits the Company to purchase no more than
140,788,941 ordinary shares. Any share purchases effected by the Company will
be in accordance with the EU and UK Market Abuse Regulations and UKLR 9.

 

Barratt Redrow plc

John Messenger, Group Investor Relations Director
                 07867 201 763

 

Media enquiries

Tim Collins, Group Corporate Affairs
Director
01530 278 278

 

Brunswick

Jonathan Glass / Rosie
Oddy
020 7404 5959

 

Barratt Redrow plc LEI: 2138006R85VEOF5YNK29

 

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