Forterra plc (FORT), the UK-listed brick and building products manufacturer, has announced the purchase of 310,385 ordinary shares between 26 and 30 October 2026 through Deutsche Bank AG, London Branch, trading as Deutsche Numis. All shares acquired during the period are to be cancelled rather than held in treasury. The week's activity brings the company's total buyback programme purchases to 11,817,921 ordinary shares, leaving 200,985,468 ordinary shares in issue following settlement and cancellation. Investors in the UK construction materials sector will be watching the programme's progress as it continues to reduce the company's share count.

Key Points

  • Forterra plc (FORT) — UK-listed manufacturer of bricks and building products
  • 310,385 ordinary shares of 1.0 pence each purchased on the London Stock Exchange (XLON) between 26 and 30 October 2026 via Deutsche Numis
  • Volume-weighted average prices ranged from 160.98p to 166.14p across the five trading days; all purchased shares are designated for cancellation
  • Investors should watch for further weekly buyback disclosures and any update on the overall programme size or completion timeline

Forterra's Five-Day Share Purchase Activity and Pricing Detail

Across the five trading sessions, daily volumes varied notably. On 26 October, 74,500 shares were acquired at a volume-weighted average price of 160.98p, with prices ranging from 160.0p to 162.0p. The following day, 47,885 shares changed hands at a weighted average of 164.01p. On 28 October the largest single-day average price of 166.14p was recorded on a volume of 72,000 shares. On 29 October, 73,500 shares were purchased at 163.22p, before 42,500 shares completed the week's activity on 30 October at a weighted average of 164.31p. All transactions were executed on XLON.

Total Programme Reaches 11.8 Million Shares Cancelled Under Buyback

The announcement confirms that Forterra has now acquired 11,817,921 ordinary shares in aggregate for cancellation since the Buyback Programme commenced. Following settlement of the latest tranche and the subsequent cancellation of those shares, the total number of ordinary shares in issue will stand at 200,985,468. The cancellation of purchased shares, rather than their retention in treasury, directly reduces the company's share count, which can affect per-share financial metrics. The company did not disclose the overall programme size or total consideration budget in this announcement.

Deutsche Numis Executing Trades Under UK Market Abuse Regulation Compliance

The buyback is being conducted in accordance with Article 5(1)(b) of Market Abuse Regulation (EU) No 596/2014, as retained and amended in UK law via the European Union (Withdrawal) Act 2018. Deutsche Bank AG, London Branch, trading as Deutsche Numis, is acting as the appointed broker executing trades on Forterra's behalf. A full breakdown of individual transactions has been appended to the announcement, as required under the relevant regulatory framework. Forterra is headquartered in the UK and manufactures bricks and other masonry products serving the domestic construction and housebuilding market.