International Workplace Group Plc (LON:IWG) has announced an increase of $50m to its 2026 share buyback programme, taking the total programme to $150m. The buyback remains in accordance with authority granted by shareholders at the Annual General Meeting on 19 May 2026 in respect of 145,918,746 ordinary shares. Taking into account purchases since the annual general meeting, the maximum number of shares the company may purchase under that authority is 138,231,271 shares.
The company further notes that the Board has granted authority to Jefferies International Limited, to purchase shares in the market during the closed period, commencing from 1 July 2026 until 11 August 2026, being the date of its 2026 Interim Results, subject to pre-agreed parameters.
The authority granted is irrevocable and non-discretionary, and during the Closed Period the Board has no power to invoke any changes to the authority and any purchases will be undertaken at the sole discretion of Jefferies.
