The Gym Group plc (GYM) has announced the repurchase of 117,514 ordinary shares between 2 November and 6 November 2026, executed through Peel Hunt LLP on the London Stock Exchange. The shares were acquired at prices ranging from 184.50p to 194.00p, with a weighted average price of 191.50p per share. The company intends to cancel all purchased shares, reducing its issued share capital to 175,618,193 ordinary shares. The buyback forms part of an ongoing share repurchase programme, and investors may be watching for further tranches in the weeks ahead.

Key Points

  • The Gym Group plc (GYM), a UK low-cost gym operator listed on the London Stock Exchange
  • 117,514 ordinary shares of £0.0001 each repurchased between 2 and 6 November 2026 via Peel Hunt LLP
  • Price range: 184.50p (lowest) to 194.00p (highest); weighted average price of 191.50p per share
  • Investors should watch for subsequent buyback tranches and any updates to the total programme size

Gym Group Repurchases 117,514 Shares Over Five Trading Days via Peel Hunt

The Gym Group executed 12 individual transactions across the week of 2 to 6 November 2026, all conducted on the London Stock Exchange (XLON) through its broker Peel Hunt LLP. The largest single transaction by volume was 30,078 shares purchased on 3 November 2026 at 192.00p per share, followed closely by a block of 29,030 shares acquired on 6 November 2026 at 191.00p. The announcement provides a full schedule of individual trades in compliance with Article 5(1)(b) of the Market Abuse Regulation as incorporated into UK law, underscoring the programme's regulatory transparency obligations.

Shares to Be Cancelled, Cutting Gym Group's Issued Capital to 175,618,193 Ordinary Shares

The Gym Group has confirmed it intends to cancel all 117,514 repurchased shares rather than hold them in treasury, which currently stands at zero shares. Following cancellation, the company's total issued share capital and voting rights will stand at 175,618,193 ordinary shares. The company notes that this figure serves as the denominator shareholders should use when calculating whether they are required to disclose interests or changes in interests under the FCA's Disclosure and Transparency Rules. No shares are currently held in treasury, meaning every purchased share will be permanently retired from circulation.

Buyback Reflects Gym Group's Capital Return Strategy in the Low-Cost Fitness Sector

The Gym Group operates a network of low-cost, 24-hour gyms across the United Kingdom, targeting value-conscious fitness consumers. Share buybacks of this nature are commonly used by listed companies to return capital to shareholders and can signal board confidence in the company's financial position. The repurchase programme is managed via Peel Hunt LLP, with CEO Will Orr and CFO Luke Tait named as the principal company contacts. The company did not disclose the total size or remaining budget of the broader buyback programme in this announcement.