REG-FirstGroup Plc: Buyback update

FirstgroupAnnouncement

Yesterday 09:00

Date 25 July 2025

 

FirstGroup plc

 

On-market Share Buyback Programme of £50m

Completion of First Tranche and Commencement of Second Tranche

 

FirstGroup plc ("FirstGroup") announces that, in accordance with the terms of
its on-market share buyback programme announced on 10 June 2025 (the
"Buyback"), RBC Europe Limited completed the first tranche of £25m on 24
July 2025, with a total of 11,202,012 ordinary shares purchased and now held
in Treasury.

 

Panmure Liberum Limited will now commence the second £25m tranche of the
Buyback and this will continue to be conducted as set out in our announcement
of 10 June 2025.

 

 

 Contacts at FirstGroup:                                                                                            
  David Blizzard, Company Secretary Marianna Bowes, Head of Investor Relations                                      
  Tel: +44 (0) 20 7725 3354                                                                                         
 Contacts at Panmure Liberum Limited:                                             Contacts at RBC Europe Limited:   
  Nicholas How / John More                                                         James Agnew / Elliot Thomas      
  Tel: +44 (0) 20 3100 2000                                                        Tel: +44 (0) 20 7653 4000        

 

 

Forward-looking statements

Certain statements included or incorporated by reference within this
announcement may constitute 'forward-looking statements' with respect to the
business, strategy and plans of the Group and our current goals, assumptions
and expectations relating to our future financial condition, performance and
results. By their nature, forward-looking statements involve known and unknown
risks, assumptions, uncertainties and other factors that cause actual results,
performance or achievements of the Group to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. No statement in this announcement should be
construed as a profit forecast for any period. Shareholders are cautioned not
to place undue reliance on the forward-looking statements. Except as required
by the UK Listing Rules and applicable law, the Group does not undertake any
obligation to update or change any forward-looking statements to reflect
events occurring after the date of this announcement.

 

 

Notes
                                                                                                                                                   

Legal Entity Identifier (LEI): 549300DEJZCPWA4HKM93.  Classification as per
DTR 6 Annex 1R: 2.4.

 

About FirstGroup

FirstGroup plc (LSE: FGP.L) is a leading private sector provider of public
transport services. With around 29,000 employees, we reported revenue of £5.1
billion and transported almost 2m passengers a day in FY 2025. We create
solutions that reduce complexity, making travel smoother and life easier. Our
businesses are at the heart of our communities and the essential services we
provide are critical to delivering wider economic, social and environmental
goals. Each of our divisions is a leader in its field: First Bus is one of the
largest bus operators in the UK, serving more than 25% of the population in
the UK with a fleet of c.5,800 buses, and carrying more than a million
passengers a day. First Rail is one of the UK’s most experienced rail
operators, with many years of experience running long-distance, commuter,
regional and sleeper rail services. We operate a fleet of c.1,800 locomotives
and rail carriages through two DfT contracted train operating companies: WCP
(incorporating Avanti West Coast and West Coast Partnership Development) and
GWR, and two open access routes (Hull Trains and Lumo). We are formally
committed to operating a zero emission First Bus commercial fleet by 2035, and
First Rail will help support the UK Government’s goal to remove all
diesel-only trains from service by 2040. During FY 2025 FirstGroup received
MSCI’s highest possible ESG rating of AAA, was named one of the world’s
cleanest 200 public companies for the sixth consecutive year and holds an
Industry Top-Rated status with Sustainalytics and Sustainability Yearbook
membership with S&P Global. We provide easy and convenient mobility, improving
quality of life by connecting people and communities. Visit our website at
www.firstgroupplc.com and follow us @firstgroupplc on X.

 

 

 



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