RS Group plc (RS1), the global omni-channel distributor of industrial products and electronic components listed on the London Stock Exchange, has reported acquiring 150,351 ordinary shares for cancellation during the trading week from 1 to 4 September 2026. These share repurchases were executed via Barclays Bank plc as part of the company's £100 million share buyback programme announced on 20 May 2026. After these transactions, RS Group's total shares outstanding amount to 469,383,040, with no shares held in treasury. Key Points RS Group plc (RS1) is listed on the London Stock Exchange
150,351 ordinary shares of 10 pence each repurchased for cancellation between 1 and 4 September 2026
Volume weighted average prices ranged from 737.4472p (3 September) to 752.8730p (1 September); total shares bought since programme start reach 4,666,428
Investors are likely monitoring the remaining buyback capacity under the £100 million programme announced on 20 May 2026
Throughout the four trading days, RS Group maintained relatively consistent daily purchase volumes. On 1 September, 37,013 shares were acquired at prices ranging from 748.0p to 763.5p, with a volume weighted average price (VWAP) of 752.8730p. On 2 September, 37,508 shares were bought between 739.5p and 747.5p, with a VWAP of 744.3813p. The 3 September session recorded the lowest VWAP of the week at 737.4472p for 37,838 shares, with prices between 732.5p and 743.5p. On 4 September, RS Group purchased 37,992 shares at a VWAP of 743.3040p, paying up to 748.5p per share. RS Group's Total Buyback Activity Since Launching the Programme in May 2026
Since initiating the £100 million repurchase programme following its announcement on 20 May 2026, RS Group has cumulatively acquired 4,666,428 ordinary shares for cancellation through Barclays Bank plc. All transactions have been executed as on-exchange trades on the London Stock Exchange, complying with UK Listing Rule 9.6.6 and Article 5(1)(b) of the Market Abuse Regulation. The company's weekly disclosures include detailed trade data such as transaction reference numbers and exact execution times, underscoring its commitment to transparency throughout the buyback programme. Effect on RS Group's Share Capital and Voting Rights
Following the cancellation of shares purchased during the week ending 4 September 2026, RS Group's total issued share capital consists of 469,383,040 ordinary shares of 10 pence each. The company confirms no shares are held in treasury, resulting in a total of 469,383,040 voting rights. This figure serves as the denominator for shareholders calculating their proportional interests and voting rights under RS Group's capital structure. Investors are encouraged to monitor future weekly disclosures to assess remaining buyback capacity, although RS Group did not reveal the total expenditure to date in this announcement.
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