Admiral Group plc (ADM) has announced the purchase of 250,000 ordinary shares for cancellation during the period 21 October 2026 to 27 October 2026, as part of the buy-back programme it launched on 30 September 2026. The purchases were executed across four trading venues by broker UBS AG, London Branch. Since the programme began, Admiral has now bought back 1,000,000 ordinary shares in aggregate at a weighted average price of 3,709.19 pence per share. Investors will be watching the programme's progress as it reduces the company's issued share capital.

Key Points

  • Admiral Group plc (ADM) — FTSE 100-listed insurance group
  • 250,000 ordinary shares purchased for cancellation between 21 and 27 October 2026 via UBS AG, London Branch
  • Cumulative buy-back total since 30 September 2026 stands at 1,000,000 shares at a weighted average price of 3,709.19p
  • Investors should monitor further weekly disclosures as the programme continues and issued share capital decreases

Admiral's Weekly Share Purchases Spread Across London Stock Exchange, BATS Europe, Chi-X and Aquis

Admiral executed its purchases across five trading days and four venues. On each day, the largest volume was transacted on the London Stock Exchange, alongside allocations to BATS Europe, Chi-X Europe, and Aquis. Daily volume-weighted average prices ranged from approximately 3,781.74 pence on 21 October 2026 to 3,854.30 pence on 26 October 2026 on the London Stock Exchange. The highest single price paid across all venues during the week was 3,880.00 pence, recorded on 23 October 2026, while the lowest was 3,762.00 pence on 21 October 2026. All shares are designated for cancellation rather than treasury retention.

Admiral's Issued Share Capital Falls to 305,304,676 Following Latest Cancellations

Following cancellation of the shares repurchased in this reporting period, Admiral's issued share capital will comprise 305,304,676 ordinary shares carrying voting rights, with no shares held in treasury. The company confirms this figure serves as the denominator shareholders and others with notification obligations must use when calculating whether they are required to disclose an interest, or a change in interest, under the FCA's Disclosure Guidance and Transparency Rules. This is a standard but significant disclosure for any investor tracking their proportional holding in the company.

Buy-Back Programme Launched 30 September 2026 Reaches One Million Share Milestone

Admiral's buy-back programme, announced on 30 September 2026 and conducted through UBS AG, London Branch, has now reached a cumulative total of 1,000,000 ordinary shares purchased. The aggregate weighted average price paid across all purchases since inception stands at 3,709.19 pence per ordinary share. The company did not disclose the total monetary value of the programme or a target ceiling for the number of shares to be repurchased in this announcement. Share buy-backs of this nature are typically used to return surplus capital to shareholders and can support earnings per share metrics over time.