AEP Plantations PLC (AEP) has announced the purchase of 31,645 ordinary shares of 2.5 pence each on 10 November 2026, executed through Cavendish Capital Markets Limited as part of the buyback programme the company launched on 6 July 2026. The volume weighted average price paid was 147.58 pence per share, with transactions ranging from a low of 145.20 pence to a high of 150.10 pence. The purchased shares will be held in treasury and carry no voting rights, reducing the company's effective voting share count to 379,674,732 ordinary shares.

Key Points

  • AEP Plantations PLC (AEP) — London-listed plantations group
  • 31,645 ordinary shares purchased on 10 November 2026 via Cavendish Capital Markets Limited under the July 2026 buyback programme
  • Volume weighted average price of 147.58 pence; price range 145.20p–150.10p; total treasury holding now 20,087,988 shares
  • Investors may watch the pace of further buyback activity, given 3,918,748 shares have now been acquired since the programme began

AEP Plantations Executes 10 November 2026 Tranche Across Multiple London Exchange Transactions

All 31,645 shares were purchased on the London Stock Exchange (XLON) across numerous individual transactions spanning the trading day from 08:00 to 16:26 on 10 November 2026. The detailed trade-by-trade breakdown was disclosed 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. Cavendish Capital Markets Limited acted as broker executing these trades on behalf of the company. The disclosure of individual transaction times, volumes, and prices reflects the transparency obligations applicable to listed companies conducting share buyback programmes under UK market rules.

Treasury Share Position Rises to 20,087,988 Following Latest AEP Buyback Tranche

Following this purchase, AEP Plantations holds 20,087,988 ordinary shares in treasury, all of which attract no voting rights under applicable UK company law. The total shares in issue stand at 399,762,720, giving a voting share denominator of 379,674,732 as at 10 November 2026. This denominator figure is provided specifically for use by shareholders and parties with notification obligations under the FCA's Disclosure and Transparency Rules when calculating whether they must notify an interest or a change in interest in the company.

AEP Has Acquired 3,918,748 Shares in Aggregate Since the July 2026 Programme Launch

Since the buyback programme was first announced on 6 July 2026, AEP Plantations has purchased a cumulative total of 3,918,748 ordinary shares, all of which are held in treasury. The company is an agricultural plantation business and the buyback programme represents a capital allocation decision by management alongside its operational activities. The announcement states that Group Chief Executive Officer Kevin Wong Tack Wee and Executive Director (Corporate Affairs) Marcus Chan Jau Chwen are listed as contacts for further enquiry, with Montfort Communications Limited serving as financial PR adviser.