Forterra plc (FORT), the UK-based manufacturer of clay bricks and other building products, has announced the purchase of 378,200 ordinary shares through Deutsche Bank AG, London Branch, trading as Deutsche Numis, in the period from 19 to 23 October 2026. All purchased shares are intended for cancellation, reducing the total shares in issue. The transactions form part of the company's ongoing share buyback programme, and bring total repurchases under that programme to 11,507,536 ordinary shares. Following settlement and cancellation, Forterra's total issued ordinary share count will stand at 201,295,853 shares.

Key Points

  • Forterra plc (FORT) — UK building products manufacturer listed on the London Stock Exchange
  • Forterra purchased 378,200 ordinary shares of 1.0 pence each between 19 and 23 October 2026 via Deutsche Numis
  • Volume-weighted average prices ranged from 155.84p to 161.04p across the five trading days; all trades executed on XLON
  • Investors should watch for further weekly buyback disclosures and any update on the programme's total authorised size or completion timeline

Forterra Purchases 378,200 Shares Across Five Trading Days via Deutsche Numis

Between 19 and 23 October 2026, Forterra purchased its ordinary shares each day on the London Stock Exchange (XLON). Daily volumes were 76,200 on 19 October, 76,000 on 20 October, 75,500 on 21 October, 76,000 on 22 October, and 74,500 on 23 October. Volume-weighted average prices moved from 157.07p on 19 October to a weekly high of 161.04p on 23 October. The lowest traded price across the period was 153.4p, recorded on 20 October, while the highest was 163.4p, recorded on 23 October. All transactions were carried out by Deutsche Numis on the company's behalf.

Buyback Programme Cumulative Total Reaches 11,507,536 Ordinary Shares for Cancellation

The announcement confirms that Forterra has now repurchased 11,507,536 ordinary shares in aggregate under its buyback programme, all designated for cancellation rather than treasury. Share cancellations reduce the total number of shares in issue, which can mechanically increase earnings per share and the proportional ownership of remaining shareholders. Following settlement and cancellation of the shares acquired in the week to 23 October, Forterra's total ordinary shares in issue will be 201,295,853. The company did not disclose the overall authorised size or monetary value of the full buyback programme in this announcement.

Regulatory Compliance Under UK Market Abuse Regulation Governs the Programme

The buyback is conducted in accordance with Article 5(1)(b) of Market Abuse Regulation (EU) No 596/2014, as retained and amended in UK law following the European Union (Withdrawal) Act 2018. A full breakdown of individual trades executed by Deutsche Numis is attached to the announcement in line with regulatory transparency requirements. Forterra's contacts for the announcement are Lisa Oxnard, Chief Financial Officer, and Frances Tock, Company Secretary, reachable on +44 (0) 1604 707 600. Investors monitoring the programme can find further information at the company's website, forterraplc.co.uk.