SSE plc (SSE) has announced the purchase of 324,149 ordinary shares of 50 pence each through UBS AG London Branch between 26 October and 28 October 2026, forming part of the energy group's £105 million share buyback programme launched on 9 October 2026. The transactions were conducted on-exchange across multiple venues including the London Stock Exchange, BATS, Chi-X, and Aquis. With cumulative purchases now totalling 1,800,819 shares, investors will be watching the pace at which SSE deploys the remaining buyback capital.

Key Points

  • SSE plc (SSE) — FTSE-listed integrated energy company operating across electricity networks, renewables, and energy services in the UK and Ireland
  • SSE purchased 324,149 ordinary shares via UBS AG London Branch between 26 and 28 October 2026 as part of its £105 million buyback programme
  • Weighted average prices ranged from approximately 2,471p to 2,488p across trading venues; highest price paid was 2,510p on 26 October 2026
  • Investors should monitor further weekly buyback disclosures as SSE continues deploying capital under the programme, with 1,800,819 shares purchased in aggregate to date

SSE's £105 Million Buyback Programme and the 26–28 October Purchase Tranches

SSE announced the £105 million share buyback programme on 9 October 2026, executing it through UBS AG London Branch under shareholder authority granted at the Annual General Meeting held on 16 July 2026 and in accordance with Chapter 9 of the Listing Rules. The 324,149 shares acquired across the three-day window between 26 and 28 October were purchased on an on-exchange basis, complying with London Stock Exchange rules. All purchased shares will be held as treasury shares rather than cancelled immediately, a common mechanism that preserves flexibility for future use in employee share schemes or other corporate purposes.

Trade-by-Trade Pricing Across LSE, BATS, Chi-X, and Aquis on 26–28 October 2026

The bulk of activity occurred on 26 October 2026, when SSE acquired 282,105 shares spread across four venues. On the London Stock Exchange alone, 227,478 shares were purchased at a weighted average of 2,487.92p, with prices ranging from 2,470p to 2,510p. Smaller tranches were executed on BATS at a weighted average of 2,488.03p, Chi-X at 2,484.46p, and Aquis at 2,487.57p. On 27 October, activity was lighter, with 39,900 shares acquired across all four venues at weighted averages broadly in the 2,471p–2,479p range. On 28 October, only 2,144 shares were purchased, all on the LSE at a weighted average of 2,478.43p.

Voting Rights and Share Capital Position Following Settlement

Following settlement of these transactions, SSE's total ordinary shares in issue stand at 1,223,928,407, of which 4,026,826 are held in treasury. This leaves a total voting rights figure of 1,219,901,581. The announcement confirms this denominator figure should be used by shareholders and others with notification obligations when calculating whether they are required to disclose interests under the FCA's Disclosure Guidance and Transparency Rules, making the update materially significant for major institutional holders tracking threshold positions.