Springfield Properties plc (AIM: SPR), a leading Scottish housebuilder, has announced the purchase of 25,000 ordinary shares at 111.40 pence each on 12 November 2026, as part of its share buyback programme launched on 16 September 2026. The transaction was executed through Cavendish Capital Markets Limited and the acquired shares will be held in treasury. Since the programme began, Springfield has repurchased a total of 418,888 ordinary shares in aggregate, a figure investors will note as a signal of the board's ongoing capital allocation intentions.

Key Points

  • Springfield Properties plc (AIM: SPR) — leading Scottish housebuilder listed on AIM
  • 25,000 ordinary shares purchased on 12 November 2026 at a fixed price of 111.40 pence per share
  • Total shares held in treasury now stand at 418,888, with 119,167,360 voting rights remaining
  • Investors may watch for further buyback activity under the programme first announced on 16 September 2026

Springfield Properties Executes Single-Price Buyback Trade at 111.40p via Cavendish Capital Markets

The 12 November 2026 transaction comprised a single block of 25,000 ordinary shares of 0.125 pence each, all purchased at the same price of 111.40 pence, meaning the highest, lowest, and volume weighted average price paid were identical at 111.40 pence per share. The trade was executed on the London Stock Exchange's main market venue (XLON) at 11:48:51, with Cavendish Capital Markets Limited acting as broker on behalf of the company. The announcement was made in accordance with Article 5(1)(b) of the UK Market Abuse Regulation, which governs disclosure requirements for buyback transactions.

Treasury Share Position and Voting Rights Following the 12 November 2026 Purchase

Following the purchase, Springfield Properties holds a total of 418,888 ordinary shares in treasury. These treasury shares carry no voting rights under applicable regulations. The company now has 119,586,248 ordinary shares in issue in total, with 119,167,360 shares carrying voting rights after excluding treasury holdings. The company has stated that this voting rights figure should be used by shareholders and others with notification obligations as the denominator when calculating whether they are required to disclose interests or changes in interests under the Financial Conduct Authority's Disclosure and Transparency Rules.

418,888 Shares Repurchased in Aggregate Since Springfield's September 2026 Buyback Launch

The buyback programme, originally announced on 16 September 2026, has now resulted in the repurchase of 418,888 ordinary shares in aggregate, all of which are currently held in treasury. Springfield Properties operates exclusively in Scotland as a housebuilder, delivering private and affordable homes across the region. The scale and pace of buyback activity under this programme may be of interest to investors monitoring the company's approach to returning value and managing its share capital structure as the programme continues.