Major Steps by Fuller, Smith & Turner PLC to Strengthen Shareholder Value through Substantial Share Buyback

Fuller, Smith & Turner PLC, one of the UK’s most respected breweries, has launched a significant share buyback initiative. This grand financial strategy was eagerly embraced by the London Stock Exchange, where Fuller’s ‘A’ ordinary shares are listed. The company’s management orchestrated the purchase of 15,000 of its shares, at the price range of 534.00 GBp to 537.00 GBp per share, using financial services company, Numis Securities Limited, as an intermediary.

This move is part of a share buyback programme announced earlier by the company on 14th March 2025. The purchased shares will be held in the company’s Treasury. This clever financial manoeuvre enables Fuller’s to sustain a healthy balance sheet and by keeping the purchased shares in its Treasury, the brewing firm firmly cements its financial stability, which could persuade investors to maintain their faith in the company.

By this strategic move, Fuller’s has established a new bar for the total number of listed voting rights in the company at 33,497,459. This subtly adjusts the calculations for shareholders to use as a denominator. They will then determine if this warrants them to notify any changes in their interest in Fuller’s, as per the Financial Conduct Authority’s (FCA) Disclosure and Transparency Rules.

Altogether, this significant initiative underscores the company’s commitment to bolster shareholder value offering an example of responsible stewardship of financial resources during these challenging times.