Admiral Group completes share buy-back transaction brokered by UBS
2 reports, 1 independent
Updated Oct 14
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What happened
Admiral Group plc purchased 250,000 ordinary shares for cancellation between September 30 and October 6, 2026, through UBS AG, its broker. The shares were acquired at a weighted average price of 3,608.57p per share. Following the cancellation, the company's issued share capital consists of 306,054,676 ordinary shares.
From manilatimes.net
Why it matters
The transaction reduces the number of outstanding shares of Admiral Group plc. Share buy-backs are a corporate finance action that changes the company's capital structure and per-share metrics.
From manilatimes.net
Who's involved
- UBSActed as the broker for the share buy-back transaction
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The entities involved
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UBS
Swiss multinational investment bank and financial services company