AEP Plantations PLC (AEP), the London-listed palm oil plantation operator, has announced the purchase of 30,120 ordinary shares of 2.5 pence each on 3 November 2026, executed through broker Cavendish Capital Markets Limited as part of the buyback programme launched on 6 July 2026. The volume weighted average price paid was 154.87 pence per share, with trades ranging between 151.20p and 156.60p. The purchased shares will be held in treasury, bringing total treasury holdings to 19,932,708 ordinary shares. Investors will note that cumulative buybacks under the programme have now reached 3,763,468 ordinary shares in aggregate since July.

Key Points

  • AEP Plantations PLC (AEP) — London-listed palm oil plantation operator
  • 30,120 ordinary shares purchased on 3 November 2026 via Cavendish Capital Markets Limited under the July 2026 buyback programme
  • Volume weighted average price of 154.87p; price range 151.20p–156.60p; cumulative programme purchases now total 3,763,468 shares
  • Investors may watch for further buyback tranches and updates to the total voting rights denominator as treasury shares accumulate

AEP Plantations Executes 3 November Tranche Across 79 Individual London Stock Exchange Trades

The 3 November 2026 purchase comprised 79 individual transactions, all executed on the London Stock Exchange (XLON) between 08:00 and 16:28. Prices across the session ranged from a low of 151.20 pence, recorded in early morning trades, to a high of 156.60 pence reached mid-morning. The volume weighted average price for the day settled at 154.87 pence per ordinary share. All trades were carried out by Cavendish Capital Markets Limited, which acts as both financial adviser and broker to AEP Plantations, in compliance with Article 5(1)(b) of the UK Market Abuse Regulation governing share buyback disclosures.

Treasury Share Total Reaches 19,932,708 as Programme Accumulates 3,763,468 Shares Since July 2026

Following the 3 November purchase, AEP Plantations holds 19,932,708 ordinary shares in treasury in aggregate, none of which carry voting rights. The company's total issued share capital stands at 399,762,720 ordinary shares, leaving 379,830,012 shares with active voting rights. Since the buyback programme was first announced on 6 July 2026, AEP has repurchased 3,763,468 ordinary shares in total. The voting rights figure of 379,830,012 serves as the regulatory denominator shareholders and other notifiable parties must use when calculating disclosure thresholds under the FCA's Disclosure and Transparency Rules.

AEP Plantations' Ongoing Capital Return Strategy Through Cavendish-Managed Buyback Programme

AEP Plantations PLC operates palm oil plantations and is listed in London, with Group Chief Executive Officer Kevin Wong Tack Wee and Executive Director (Corporate Affairs) Marcus Chan Jau Chwen named as key contacts in the announcement. The share buyback programme represents a capital return mechanism for the company, systematically reducing the number of shares with voting rights outstanding. Montfort Communications Limited serves as the company's financial PR adviser. Investors monitoring the pace of buybacks may note that the programme continues to operate at a measured cadence through Cavendish Capital Markets, with individual daily tranches disclosed in full per regulatory requirements.