Elementis PLC (ELM), the London-listed specialty chemicals group, has disclosed the latest tranche of purchases under its share buyback programme, covering the period 26 to 30 October 2026. The company bought ordinary shares of 5p each across four trading venues — the London Stock Exchange, Turquoise Exchange, Chi-X Europe, and Bats Trading Europe — with all transactions executed through Rothschild & Co Global Markets Solutions Limited. The buyback programme was originally announced on 3 June 2026. Following settlement and cancellation of the purchased shares, Elementis confirms its updated share count and total voting rights figure, which shareholders may use as a regulatory denominator under FCA transparency rules.

Key Points

  • Elementis PLC (ELM) — specialty chemicals company listed on the London Stock Exchange
  • The company purchased its own ordinary 5p shares across five trading days from 26 to 30 October 2026 via Rothschild & Co
  • Weighted average prices ranged from approximately 181.9p on 26 October to a peak of around 188.8p on 29 October 2026; highest single price paid was 190.2p
  • Investors should watch for further weekly buyback disclosures and any update to the total programme size or duration

Buyback Prices Ranged From 180.6p to 190.2p Across Four Trading Venues in the Five-Day Period

During the week in question, Elementis purchased shares on each of the five trading days, with weighted average prices rising from 181.93p on 26 October to an intra-week high around 188.85p on 29 October, before easing modestly to 187.78p on 30 October. The lowest price paid across the entire period was 180.6p, recorded on the London Stock Exchange on 26 October, while the highest was 190.2p, achieved on both the London Stock Exchange and Chi-X Europe on 29 October. All purchases were conducted through Rothschild & Co acting as the appointed broker for the programme.

Elementis Cancels Purchased Shares, Leaving 563,926,962 Total Voting Rights Outstanding

Following settlement and cancellation of the shares acquired during this reporting period, the company's total ordinary shares in issue stand at 566,796,884. Elementis additionally holds 2,869,922 ordinary shares in treasury, which do not carry voting rights. Accordingly, the total number of voting rights in the company is confirmed at 563,926,962. The announcement states that shareholders may use this figure as the denominator when calculating whether they are required to disclose a notifiable interest or a change in interest under the FCA's Disclosure Guidance and Transparency Rules.

Programme Proceeds Under Article 5 of UK Market Abuse Regulation Framework

The buyback is being conducted in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014, as incorporated into UK domestic law through the European Union (Withdrawal) Act 2018. This regulatory framework governs how listed companies may repurchase their own shares without breaching market abuse provisions, provided purchases comply with specified conditions on price, volume, and timing. A full schedule of individual trades executed by Rothschild & Co during the period has been made available via the London Stock Exchange's RNS PDF service, as referenced in the announcement.

Elementis Buyback Programme First Announced in June 2026

Elementis initiated the current share buyback programme on 3 June 2026. The specialty chemicals group, which operates internationally and is headquartered in the United Kingdom, has a contact for further programme details listed as Hannah Constantine, Chief Legal and People Officer. The total value or intended size of the overall buyback programme was not disclosed in this particular announcement. Investors monitoring the programme will be looking for subsequent weekly disclosures confirming continued purchases and any revision to the programme's scope or timetable as the company progresses with capital returns.