Forterra plc (FORT), the UK-based brick and building products manufacturer, has disclosed the purchase of ordinary shares during the week of 2nd to 6th November 2026 as part of its ongoing share buyback programme. The company acquired a total of 231,500 shares across five trading sessions on the London Stock Exchange, with all purchases executed through Deutsche Bank AG, London Branch, trading as Deutsche Numis. Forterra intends to cancel all purchased shares, reducing the total shares in issue — a development investors in the construction materials sector may wish to monitor closely.

Key Points

  • Forterra plc (FORT) — UK manufacturer of bricks and building products
  • The company purchased 231,500 ordinary shares between 2nd and 6th November 2026 for cancellation under its Buyback Programme
  • Volume-weighted average prices ranged from 160.5449p to 168.3961p across the five-day period; total shares under the programme now stand at 12,049,421
  • Investors should watch for further buyback tranches and any updates to the total shares in issue, now confirmed at 200,753,968 following settlement and cancellation

Forterra Purchases 231,500 Shares Across Five Sessions at Prices Between 160p and 170p

Between 2nd and 6th November 2026, Forterra purchased ordinary shares of 1.0 pence each on the London Stock Exchange (XLON) through Deutsche Numis. Daily volumes ranged from 45,000 to 47,500 shares, with volume-weighted average prices moving from 160.5449p on 2nd November to a week-high of 168.3961p on 5th November, before settling at 166.5203p on 6th November. The highest single price paid during the period was 170.40p on 5th November, whilst the lowest was 158.00p on 2nd November, according to the announcement.

Buyback Programme Cumulative Total Reaches 12,049,421 Ordinary Shares for Cancellation

The announcement confirms that Forterra has now purchased 12,049,421 ordinary shares in aggregate for cancellation under the Buyback Programme. Following settlement and cancellation of the shares acquired in this latest tranche, the company's total number of ordinary shares in issue will stand at 200,753,968. Share cancellations of this scale typically reduce the total share count, which can affect earnings-per-share calculations, though the company made no specific guidance statements in connection with this announcement.

Deutsche Numis Executes Trades Under UK Market Abuse Regulation Compliance Framework

All purchases were made through Deutsche Bank AG, London Branch, trading as Deutsche Numis, in compliance with Article 5(1)(b) of the UK-retained Market Abuse Regulation. A full breakdown of individual transactions has been published as an attachment to the announcement on the London Stock Exchange's RNS service. Forterra noted that further details relating to the company and its group are available at its corporate website. Contact details provided include CFO Lisa Oxnard and Company Secretary Frances Tock at the company's Northampton headquarters.