AEP Plantations PLC (AEP), the palm oil plantation company, has disclosed the purchase of 31,847 ordinary shares of 2.5 pence each on 11 November 2026 as part of its ongoing share buyback programme. The trades were executed through Cavendish Capital Markets Limited on the London Stock Exchange, with prices ranging between 146.60p and 150.40p per share. The buyback programme was originally announced on 6 July 2026, and the latest tranche brings the total shares repurchased under it to 3,950,595. All purchased shares will be held in treasury and carry no voting rights.

Key Points

  • AEP Plantations PLC (AEP) — palm oil plantation operator listed on the London Stock Exchange
  • 31,847 ordinary shares purchased on 11 November 2026 via Cavendish Capital Markets Limited under the July 2026 buyback programme
  • Volume weighted average price of 149.51p per share; price range 146.60p–150.40p; shares transferred to treasury
  • Investors should monitor further buyback tranches and any update to the total shares in treasury relative to the programme's overall scope

AEP Plantations Executes 11 November 2026 Tranche at a VWAP of 149.51p per Share

The 31,847 ordinary shares were acquired across multiple individual trades executed on the London Stock Exchange throughout the trading session on 11 November 2026. The highest price paid per share was 150.40p, the lowest was 146.60p, and the volume weighted average price was 149.51p. Cavendish Capital Markets Limited acted as broker for the transactions. Each ordinary share carries a nominal value of 2.5 pence. All purchased shares are being held in treasury and will not attract voting rights, in line with standard UK market practice for buyback programmes of this nature.

Total Treasury Holdings Rise to 20,119,835 Shares Following Latest Purchase

Following the 11 November transaction, AEP Plantations has 399,762,720 ordinary shares in issue in total, of which 20,119,835 are now held in treasury. The resulting number of voting shares — which excludes treasury holdings — stands at 379,642,885 as at 11 November 2026. The announcement states that this voting rights figure serves as the denominator shareholders and others with notification obligations should use when calculating whether they are required to disclose interests or changes in interests under the FCA's Disclosure and Transparency Rules.

3,950,595 Shares Repurchased in Aggregate Since the July 2026 Programme Launch

Since AEP Plantations announced its share buyback programme on 6 July 2026, the company has repurchased a cumulative total of 3,950,595 ordinary shares, all of which are held in treasury. The latest tranche represents a continuation of that programme, carried out in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK under the Market Abuse Regulation. The company did not disclose the overall size or financial limit of the buyback programme in this announcement. Investors may wish to watch for further tranches as the programme continues.