Plus500 Ltd (LON:PLUS), a global multi‐asset fintech group operating proprietary technology‐based trading platforms, has announced the commencement of a new share buyback programme today to purchase up to $100.0m of its shares. The Share Buyback Programme forms part of the $182.5m of shareholder returns announced in the company’s H1 2026 Interim Results on 10 August 2026, which also included total dividends of $82.5m.
H1 2026 was an outstanding period for Plus500, in which the Group delivered record results for a six-month period, reflecting the compounding quality and value of its customer base, the resilience of its global OTC and non-OTC businesses, and the enduring power of its proprietary technology. In the non-OTC business, the Group launched its B2C prediction markets offering, including next-generation sports contracts and, shortly after the period end, it introduced single stock futures and grew its B2B partnerships significantly. At the same time, the OTC business continued to gain traction globally, expanding both its geographic footprint and its product offering, including 24/5 trading.
This significant Share Buyback Programme is consistent with Plus500’s disciplined capital allocation framework and reflects the Group’s robust financial position, cash generative business model and the Board’s ongoing confidence in the Group’s ability to deliver strong shareholder returns over the medium-term. As of 30 June 2026, the Group held over $860m of its own cash on its balance sheet, enabling it to pursue accretive organic and inorganic growth initiatives, while continuing to deliver attractive and sustainable shareholder returns.
The maximum number of shares the Company is entitled to repurchase under the Share Buyback Programme is up to 5,759,572 shares. This figure represents the total number of shares the Company is authorised to purchase pursuant to the authority granted by shareholders at the Company’s most recent Annual General Meeting held on 5 May 2026, less the number of shares that have already been repurchased pursuant to that authority.
Share purchases will take place in open market transactions and may be executed from time to time depending on market conditions, share price, trading volume and other factors. Panmure Liberum Limited ("Panmure Liberum") will manage the Share Buyback Programme, which is an irrevocable, non‐discretionary share buyback programme to repurchase the Company’s shares on its behalf, and within certain defined parameters. Neither the Company nor its Board members have the authority to invoke any changes to the Share Buyback Programme, as it will be conducted solely at the discretion of Panmure Liberum, in accordance with the established terms.
All ordinary shares repurchased by the Company under the Share Buyback Programme shall be classified as shares held in treasury (dormant shares). Such treasury shares are not entitled to dividends and have no voting rights at the Company’s general meetings.
The Share Buyback Programme will run from the date of this announcement until no later than the announcement date of the Interim Results for H1 2027. Purchases may continue during any closed period to which the Company is subject during the above‐mentioned period.
The Share Buyback Programme will be affected within the parameters of Article 5(1) of the Market Abuse Regulation (EU) No 596/2014 (which is part of UK law by virtue of the European Union (Withdrawal) Act 2018 (the "2018 Act")) ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 (which is part of UK law by virtue of the 2018 Act) as well as the applicable laws and regulations of the UK Financial Conduct Authority.
Details of any and all purchases made under the Share Buyback Programme will be announced no later than 7.00am on the business day following the calendar day on which the purchases occurred.
