Fuller, Smith & Turner Announces New Share Buyback Programme

Fuller, Smith & Turner PLC has announced a new share buyback programme in collaboration with Deutsche Bank AG. This decision follows a previous buyback completed on January 20, 2026. The company plans to repurchase up to 1 million "A" Ordinary Shares.

The initiative reflects the board's view that the current share price remains significantly undervalued. The programme is aligned with Fuller, Smith & Turner's strategy for sustainable growth and is expected to enhance earnings per share. Purchases will occur on the London Stock Exchange, adhering to prescribed limits and independent oversight during closed periods.

The buyback may significantly impact daily trading volumes due to limited liquidity, potentially exceeding 25% of average daily volume. Announcements of purchases will follow each subsequent business day. This strategic move is designed to deliver increased shareholder value.