Avation PLC (LSE: AVAP), the Singapore-headquartered commercial passenger aircraft leasing company, has announced the repurchase of 100,000 ordinary shares at a price of 140 pence per share, executed on 12 November 2026. The transaction forms part of the company's existing share buyback programme, approved by shareholders at the annual general meeting in late November 2025. The repurchased shares will be held in treasury, reducing total voting rights to 60,483,757. Investors in the aircraft leasing sector may be watching the pace of buyback activity as a signal of management's view on capital allocation.

Key Points

  • Avation PLC (LSE: AVAP) is a commercial passenger aircraft leasing company headquartered in Singapore
  • The company repurchased 100,000 ordinary shares at 140 pence per share on 12 November 2026
  • Following the transaction, 200,000 shares are held in treasury and total voting rights stand at 60,483,757
  • Investors should watch the remaining capacity under the 25% buyback mandate ahead of the next AGM

Avation Buys Back 100,000 Shares at 140p, Adding to Treasury Holdings

Avation PLC confirmed on 13 November 2026 that it repurchased 100,000 ordinary shares through the open market on 12 November 2026 at a price of 140 pence per share. The shares have been placed into treasury rather than cancelled, meaning they do not carry voting rights but may be reissued at a later date. Following this transaction, the total number of ordinary shares in issue stands at 60,683,757, of which 200,000 are now held in treasury, leaving total voting rights at 60,483,757, according to the company's announcement.

Buyback Conducted Under AGM-Approved Mandate Authorising Up to 25% of Issued Capital

The repurchase was carried out pursuant to Avation's existing share buyback programme, which was approved by shareholders at the company's annual general meeting held in late November 2025. The mandate authorises the board to repurchase up to 25% of the company's issued share capital within specified price limits. The authority remains valid until the conclusion of Avation's next annual general meeting, providing the board with continued flexibility to return capital to shareholders through market purchases when conditions are considered appropriate.

Singapore-Headquartered Aircraft Lessor Operates Global Airline Leasing Portfolio

Avation PLC owns and manages a fleet of commercial passenger aircraft, which it leases to airlines across the world. The company is headquartered in Singapore, with its head office reachable on +65 6252 2077, and is listed on the London Stock Exchange under the ticker AVAP. Its business model is centred on generating lease income from airlines, exposing it to risks including airline credit quality, aircraft residual values, and fluctuations in global air travel demand — factors that investors in the aviation leasing sector typically monitor closely alongside capital management activity such as buybacks.