SSE plc (SSE) has disclosed the purchase of 815,732 ordinary shares through UBS AG London Branch between 19 October and 23 October 2026, forming part of its £105 million share buyback programme announced on 9 October 2026. The transactions were conducted across multiple venues including the London Stock Exchange, BATS, Cboe (CHIX), and AQUIS. All purchased shares will be held as treasury shares, reducing the total voting rights in the company to 1,220,198,053. The update brings SSE's total aggregate purchases under the programme to 1,476,670 ordinary shares.

Key Points

  • SSE plc (SSE) — major UK-listed integrated energy company
  • 815,732 ordinary shares of 50 pence each purchased via UBS AG London Branch between 19–23 October 2026
  • Purchases made under the £105 million buyback programme announced 9 October 2026; cumulative total now 1,476,670 shares
  • Investors should watch progress toward the full £105 million programme limit and any further buyback disclosures

SSE's £105 Million Buyback Programme and UBS's Role as Executing Broker

SSE launched its £105 million share buyback programme on 9 October 2026, with UBS AG London Branch appointed as the sole executing broker. The authority to conduct these repurchases was granted by shareholders at SSE's Annual General Meeting held on 16 July 2026, and the programme operates in accordance with Chapter 9 of the Listing Rules and Article 5(1)(b) of the Market Abuse Regulation. All transactions were executed on an "on exchange" basis, ensuring compliance with London Stock Exchange rules. The company did not disclose the total sterling value of shares purchased in this specific weekly batch.

Weekly Trade Data: Prices Ranged From 2,489p to 2,566p Across Four Venues

Across the five trading days covered by the announcement, weighted average prices ranged from approximately 2,499p to 2,544p per share depending on venue and date. The lowest price paid during the period was 2,489p, recorded on 23 October 2026 across BATS and Cboe, while the highest price paid was 2,566p on 19 October 2026 on the London Stock Exchange. The largest single-day volume was recorded on 23 October 2026, when 273,324 shares were purchased on the LSE alone, making it the most active session of the reporting week by aggregate volume.

Treasury Share Holdings and Updated Voting Rights Denominator for SSE Shareholders

Following settlement of the disclosed transactions, SSE's total ordinary shares in issue stand at 1,223,926,985, of which 3,728,932 are held in treasury. Treasury shares carry no voting rights, leaving a total of 1,220,198,053 voting rights outstanding. SSE has highlighted this figure as the relevant denominator for shareholders and others with FCA Disclosure Guidance and Transparency Rules notification obligations, enabling them to assess whether their interests have crossed any reporting thresholds following these purchases.

Programme Progress: 1,476,670 Shares Purchased in Aggregate Since Launch

Since the buyback programme commenced, SSE has purchased 1,476,670 ordinary shares in aggregate from UBS in connection with the £105 million initiative. The company did not disclose what proportion of the total programme value has been deployed to date. Investors may wish to monitor subsequent weekly transaction disclosures to track the pace of capital return and gauge how much of the authorised programme remains outstanding, particularly given the scale of the overall buyback relative to SSE's extensive infrastructure and energy network operations across the United Kingdom and Ireland.