SThree plc (STEM), the STEM-specialist staffing group listed on the London Stock Exchange, announced on 11 November 2026 that it purchased 17,067 of its own ordinary shares on 10 November 2026 through broker Berenberg as part of its share buyback programme. The weighted average price paid was 292.9093 pence per share, with trades ranging between 290.0000p and 295.0000p. The purchased shares are to be cancelled, reducing the total share count in issue. The announcement also carries a Rule 2.9 disclosure, reflecting that SThree has been in an offer period since 9 September 2026.

Key Points

  • SThree plc (STEM) — STEM-specialist international staffing group, listed on the London Stock Exchange main market
  • 17,067 ordinary shares of 1 pence each purchased on 10 November 2026 via Berenberg and to be cancelled
  • Weighted average purchase price of 292.9093p; buyback programme launched 12 February 2026; cumulative purchases total 6,562,700 shares
  • Investors should watch for further buyback tranches and any developments related to the offer period that commenced on 9 September 2026

SThree's 10 November 2026 Share Purchase via Berenberg Across 33 Individual Trades

SThree executed 17,067 share purchases across 33 individual transactions on the London Stock Exchange (XLON) on 10 November 2026, with Berenberg acting as broker. Trades were carried out throughout the trading day, beginning at 08:15 and concluding at 16:18. Individual transaction prices ranged from a low of 290.0000 pence to a high of 295.0000 pence, producing a volume-weighted average price of 292.9093 pence. The largest single transaction block was 2,000 shares, executed at 292.5000p and again at 294.0000p at different points during the session. All trades were conducted under the terms established when the buyback programme was announced on 12 February 2026.

Cumulative Buyback Reaches 6,562,700 Shares With 121,324,599 Shares Now in Issue

Since the buyback programme commenced, SThree has now purchased a cumulative total of 6,562,700 ordinary shares in aggregate. Following the 10 November 2026 purchases, the company will have 121,324,599 ordinary shares in issue, with 35,767 shares held in treasury. Because the purchased shares are to be cancelled rather than retained in treasury, the total voting rights figure stands at 121,288,832. The company has confirmed this denominator figure so that shareholders can assess whether they are required to make a disclosure under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules regarding their interests in SThree's ordinary shares.

Rule 2.9 Disclosure Reflects SThree's Offer Period Status Since 9 September 2026

Alongside the buyback disclosure, SThree has included a Rule 2.9 announcement under the City Code on Takeovers and Mergers. The company entered an offer period on 9 September 2026, meaning its ordinary shares are classified as relevant securities under Rule 8 of the Code. As required, SThree confirms 121,288,832 voting ordinary shares are in issue, excluding treasury shares, admitted to the main market under ISIN GB00B0KM9T71 and LEI 2138003NEBX5VRP3EX50. Each ordinary share carries one vote. Investors may be watching developments related to the offer period, as any further announcements under the Code could carry material significance for the company's ownership structure.