Elementis PLC (ELM), the London-listed specialty chemicals group, has disclosed the latest tranche of purchases under its share buyback programme originally announced on 3 June 2026. The company, acting through Rothschild & Co Global Markets Solutions Limited, bought ordinary shares of 5p each across four trading venues between 2 and 6 November 2026. Following settlement and cancellation of the purchased shares, Elementis's total ordinary shares in issue will stand at 566,470,257, with total voting rights of 563,690,919, providing shareholders with an updated denominator for regulatory disclosure purposes.

Key Points

  • Elementis PLC (ELM) — London-listed specialty chemicals company
  • Ordinary shares purchased across the London Stock Exchange, Turquoise Exchange, Chi-X Europe, and Bats Trading Europe between 2 and 6 November 2026
  • Weighted average prices ranged from approximately 189.5p on 2 November to a weekly high of approximately 197.9p on 5 November 2026
  • Investors should watch for further weekly buyback disclosures as the June 2026 programme continues

Daily Pricing and Volume Detail Across the Five Trading Sessions

Across the five trading days, weighted average prices on the London Stock Exchange moved from 189.6395p on 2 November to a peak of 197.8063p on 5 November, before easing to 190.6835p on 6 November. The highest single price paid during the period was 199.2p on 5 November, while the lowest was 187.8p on 2 November. Each session saw purchases spread across all four venues — the London Stock Exchange, Turquoise Exchange, Chi-X Europe, and Bats Trading Europe — with the London Stock Exchange consistently recording the largest share of aggregate volume on each individual day.

Rothschild & Co Executes Buyback as Part of Elementis's June 2026 Programme

Elementis appointed Rothschild & Co Global Markets Solutions Limited to execute the purchases in accordance with the Share Buyback Programme announced on 3 June 2026. The use of a named intermediary and the multi-venue execution strategy are consistent with standard market practice for UK-listed companies seeking best execution and liquidity across regulated trading platforms. A full schedule of individual trades carried out by Rothschild & Co has been published in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as incorporated into UK domestic law under the European Union (Withdrawal) Act 2018.

Post-Settlement Share Count Sets Voting Rights Denominator at 563,690,919

Following settlement and the cancellation of shares purchased during the week, the company states that total ordinary shares in issue will be 566,470,257. Elementis holds 2,779,338 ordinary shares in treasury, which are excluded from voting rights calculations, leaving a total voting rights figure of 563,690,919. The announcement explicitly notes that shareholders may use this figure as the denominator when determining whether they are required to notify an interest, or a change in interest, under the FCA's Disclosure Guidance and Transparency Rules — an important compliance reference for major and institutional shareholders.