Plus500 Starts $100 Million Share Buyback Program
Online trading company Plus500 Ltd (LON:PLUS) has announced the start of a new share buyback program. The company plans to purchase up to $100 million of its own shares. The program is part of the $182.5 million in shareholder returns announced in Plus500’s H1 2026 Interim Results. It also includes $82.5 million in dividends. The program starts today and will continue until no later than the date Plus500 announces its H1 2027 Interim Results.
Up to 5.76 Million Shares
Plus500 can repurchase up to 5,759,572 shares under the new program. This figure shows the remaining number of shares the company is permitted to purchase under the authority approved by shareholders at the Annual General Meeting held on May 5, 2026. Some shares have already been repurchased under that authority.
How the Buyback Will Work
Plus500 will buy its shares through open market transactions. The company may make purchases at different times based on market conditions, the share price, trading volume and other factors.
Panmure Liberum
Panmure Liberum Limited will manage the buyback on Plus500’s behalf. The company has set the program up as an irrevocable, non-discretionary share buyback program. This means Panmure Liberum will carry out purchases within the defined parameters of the program.
About Plus500
Plus500 is a global fintech firm offering online trading services. The company provides a platform for trading contracts for difference (CFDs) across various financial instruments, including commodities, shares, currencies, and indices. Plus500 listed on the London Stock Exchange in 2013. Then, it achieved a market capitalization of nearly £2 billion by 2025.
Wrapping Up
Plus500 has started a new $100 million share buyback program as part of its $182.5 million shareholder return plan. The company will make purchases through open market transactions, with Panmure Liberum managing the program until the H1 2027 results announcement at the latest.
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