Macfarlane Group PLC (LSE: MACF), the Glasgow-headquartered UK packaging distributor and manufacturer, has disclosed the purchase of 225,015 ordinary shares for cancellation across five trading days between 2 and 6 November 2026, executed through Shore Capital Stockbrokers Limited. The transactions form part of the share buyback programme the company announced on 1 October 2026. Following the cancellations, Macfarlane's issued share capital stands at 153,251,896 ordinary shares, which also represents the total number of voting rights in the company.

Key Points

  • Macfarlane Group PLC (LSE: MACF) is a leading UK protective packaging distributor and manufacturer listed on the Main Market of the London Stock Exchange since 1973.
  • The company purchased 225,015 ordinary shares of 25 pence each for cancellation between 2 and 6 November 2026 via Shore Capital Stockbrokers Limited.
  • Prices paid ranged from a low of 79.950 pence per share on 3 November to a high of 83.300 pence per share on 5 November 2026.
  • Investors should watch for further buyback disclosures as the programme, launched on 1 October 2026, continues to reduce the company's issued share capital.

Daily Breakdown of Macfarlane's November 2026 Share Purchases and Prices Paid

The announcement details purchases on each of the five trading days. On 2 November, 51,545 shares were acquired at a uniform 82.400 pence each. On 3 November, 49,936 shares were bought at 79.950 pence. The 4 November tranche was smaller at 20,000 shares, priced at 81.700 pence. On 5 November, 49,761 shares were acquired at a volume-weighted average price of 83.1392 pence, with the highest trade at 83.300 pence. The largest single-day tranche, 53,773 shares, was purchased on 6 November at a volume-weighted average of 83.7967 pence. All transactions were executed on the London Stock Exchange's main venue, XLON.

Correction to 27 October 2026 Purchase Figure Previously Announced by Macfarlane

The announcement also includes a correction to a previously disclosed transaction. The company states that on 27 October 2026, it purchased 55,059 ordinary shares for cancellation, rather than the 58,059 figure announced on 2 November 2026. The revised total was transacted entirely at 79.700 pence per share across four separate trades on XLON. This correction adjusts the running record of shares cancelled under the programme and may affect investors' calculations when tracking the total volume of shares repurchased since the buyback commenced.

Macfarlane's Issued Share Capital and Voting Rights Following Cancellations

With the latest cancellations applied, Macfarlane Group's issued share capital now comprises 153,251,896 ordinary shares of 25 pence each. The company holds no shares in treasury, meaning the total voting rights figure is identical to the issued share capital. Under the FCA's Disclosure Guidance and Transparency Rules, shareholders must use this 153,251,896 figure as the denominator when calculating whether they are required to notify a change in their interest in Macfarlane Group, an important compliance consideration for significant shareholders.

Macfarlane Group's UK Packaging Operations Across Distribution and Manufacturing

Macfarlane Group has operated in the UK packaging industry for over 75 years and has been listed on the London Stock Exchange since 1973. The group operates through two divisions: Macfarlane Packaging Distribution, described as the leading UK distributor of protective packaging products, and Macfarlane Design and Manufacture, a UK market leader in designing and producing protective packaging for high-value and fragile products. Employing over 1,200 people across 42 sites, the group serves more than 20,000 customers across sectors including logistics, defence, medical, aerospace, and retail e-commerce.