Fuller, Smith & Turner PLC announces share buyback

Fuller, Smith & Turner P.L.C., also known as Fuller's, recently announced the repurchase of its own shares on the London Stock Exchange. This transaction is part of a share buyback program initiated on November 16, 2023. According to the disclosed information on February 23, 2024, the company acquired 20,000 of its ordinary 'A' shares of 40p each at a unit price of 604.00 pence, both at the lowest and highest price of the day, resulting in a volume-weighted average price of 604.00 pence per share.

The repurchased shares will be held in treasury by Fuller's. Following this transaction, the company's issued share capital consists of 41,182,339 ordinary 'A' shares of 40p each, of which 3,896,035 are held in treasury. Therefore, the total number of voting rights in circulation stands at 37,286,304, this figure being the denominator for calculations related to threshold crossing notifications under the FCA's disclosure and transparency rules.

The details of this transaction highlight Fuller's commitment to active capital management. Any queries regarding this operation can be directed to Rachel Spencer, the company secretary.