FirstGroup PLC has disclosed the purchase of 274,889 of its ordinary shares through RBC Europe Limited as part of its share buyback program. The transaction, which took place on 19 July 2024, saw the weighted average price paid at 171.70 pence per share, with the highest price at 172.50 pence and the lowest at 169.50 pence. Following this purchase, the company now holds 133,192,374 Ordinary Shares in treasury, out of a total of 617,502,641 shares in issue.

FirstGroup initially intends to hold the purchased shares as treasury shares but may cancel them in due course. The total number of voting rights in FirstGroup, excluding treasury shares as at 19 July 2024, is 617,502,641. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, FirstGroup under the FCA’s Disclosure and Transparency Rules.

The company has provided detailed transaction information, including the breakdown of individual trades made by RBC Europe Limited on behalf of FirstGroup as part of the Programme. The transaction details include the venue, weighted average price, aggregated volume, and individual transactions, providing transparency and clarity regarding the share buyback.

This announcement provides insight into FirstGroup's recent share buyback activity, offering shareholders and the market a clear understanding of the company's treasury share holdings and its intentions with the purchased shares. It also ensures compliance with regulatory requirements and transparency in its share buyback program.