Share repurchase programme 2024
SSE plc (‘the Company’) announced on 30 September 2024 that it had instructed UBS AG London Branch (“UBS”) in relation to an irrevocable non-discretionary programme to repurchase its ordinary shares to be held as Treasury shares (the 'Programme'). This was initiated in light of the Scrip take up of the final dividend for the year ended 31 March 2024 exceeding 25%.
The Programme will not exceed 3,806,487 ordinary shares, and the maximum pecuniary amount allocated to it is £75,000,000. The end date for the Programme will be the earlier of: when one of the aforementioned parameters are achieved; or 31 March 2025.
Any share purchases under the Programme will be effected within certain pre-set parameters, and in accordance with the Company's share buyback authority granted by shareholders at the Company's Annual General Meeting on 18 July 2024, the Market Abuse Regulation (596/2014) and Chapter 9 of the UK Listing Rules.
In accordance with Article 5 (1)(b) of the Market Abuse Regulation (596/2014), a summary of all share repurchase transactions are available below.
The Programme completed on 16 October 2024
- 30.09.2024
30 September