Springfield Properties plc (AIM: SPR), a leading housebuilder operating in Scotland, has announced the purchase of 25,000 ordinary shares at 110 pence each on 9 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 358,888 ordinary shares in aggregate, a figure investors will note as an indicator of the board's capital allocation intentions.

Key Points

  • Springfield Properties plc (AIM: SPR) is a leading Scottish housebuilder listed on AIM
  • The company purchased 25,000 ordinary shares of 0.125 pence each at a uniform price of 110.00 pence per share on 9 November 2026
  • Total treasury shares now stand at 358,888, with voting rights denominator confirmed at 119,227,360 shares
  • Investors should watch for further buyback activity under the programme announced on 16 September 2026

Springfield Properties Executes Single Block Trade of 25,000 Shares at 110p via Cavendish

The 9 November 2026 purchase was executed as a single transaction on the London Stock Exchange's main market (XLON) at 09:02:29, with all 25,000 shares acquired at the same price of 110.00 pence. The highest, lowest, and volume weighted average prices were each recorded at 110.00 pence, confirming no price variation across the trade. Cavendish Capital Markets Limited acted as broker for the transaction on behalf of the company, in accordance with the terms of the buyback programme announced in September 2026.

Treasury Share Position and Voting Rights Following the 9 November Purchase

Following completion of this latest purchase, Springfield Properties has 119,586,248 ordinary shares in issue, of which 358,888 are held in treasury and carry no voting rights. The total number of voting rights, excluding treasury shares, stands at 119,227,360 as at 9 November 2026. The company has confirmed this figure should be used as the denominator by shareholders and others with notification obligations when calculating whether they are required to disclose interests under the Financial Conduct Authority's Disclosure and Transparency Rules.

Cumulative Buyback Reaches 358,888 Shares Since September 2026 Programme Launch

Since the buyback programme was first announced on 16 September 2026, Springfield Properties has repurchased 358,888 ordinary shares in aggregate, all of which are held in treasury. The programme is being conducted in compliance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the United Kingdom under the Market Abuse Regulation. The company has not disclosed the total monetary value or maximum size of the buyback programme in this announcement. Investors may be watching for further disclosures regarding the programme's scope and duration as activity continues.