AEP Plantations PLC (AEP) has announced the purchase of 31,446 ordinary shares of 2.5 pence each on 9 November 2026, as part of its ongoing share buyback programme first announced on 6 July 2026. The transactions were executed through Cavendish Capital Markets Limited on the London Stock Exchange, with prices ranging from 145.80p to 150.80p per share. The purchased shares will be held in treasury and will carry no voting rights, bringing the company's total treasury holding to 20,056,343 ordinary shares since the programme began.
Key Points
- AEP Plantations PLC (AEP) — palm oil plantation company operating in Southeast Asia
- 31,446 ordinary shares purchased on 9 November 2026 via Cavendish Capital Markets Limited under the July 2026 buyback programme
- Volume weighted average price of 148.75p per share; highest price 150.80p, lowest 145.80p; shares to be held in treasury
- Investors may watch total buyback progress, with 3,887,103 shares acquired in aggregate since the programme launched on 6 July 2026
AEP Plantations Executes 9 November 2026 Share Purchase Between 145.80p and 150.80p
On 9 November 2026, AEP Plantations purchased 31,446 ordinary shares at a volume weighted average price of 148.75 pence per share. The highest price paid during the session was 150.80p and the lowest was 145.80p, with all trades executed on the London Stock Exchange. The broker acting on the company's behalf was Cavendish Capital Markets Limited. The detailed trade-by-trade breakdown disclosed in the announcement shows activity spread throughout the trading day, beginning at 08:00 and concluding at 16:28, reflecting consistent market engagement across multiple price points.
Treasury Share Position and Voting Rights Following the 9 November Transaction
Following this latest purchase, AEP Plantations has 399,762,720 ordinary shares in issue in total, of which 20,056,343 are now held in treasury and attract no voting rights. The total number of voting rights in the company, excluding treasury shares, stands at 379,706,377 as at 9 November 2026. The announcement states this figure should be used by shareholders and others with notification obligations as the denominator when calculating whether they are required to disclose interests under the FCA's Disclosure and Transparency Rules, which is a standard regulatory requirement under UK market abuse regulation.
Cumulative Progress Under AEP's Share Buyback Programme Launched 6 July 2026
Since the buyback programme was announced on 6 July 2026, AEP Plantations has purchased a cumulative total of 3,887,103 ordinary shares, all of which are held in treasury. The programme operates in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK, commonly referred to as the Market Abuse Regulation. Investors monitoring the programme's scale relative to total shares in issue may note that the treasury holding now represents a material portion of the overall share count, though the company did not disclose a maximum programme size or total budget in this announcement.



Please wait processing your request...