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Secure Trust Bank PLC completed the initial £5 million tranche of its share buyback programme. Between June 29, 2026, and August 5, 2026, the Company repurchased 323,406 ordinary shares at an average price of 1,546.036 pence per share, for an aggregate consideration of approximately £5 million. The Board intends to commence the second £5 million tranche of the planned £10 million share buyback programme in September 2026.
| Date | 6 Aug 2026 |
| Time | 14:10:58 |
| Category | Miscellaneous |
| ID | 6406P |
PRESS RELEASE
Secure Trust Bank PLC
6 August 2026
For immediate release
SECURE TRUST BANK PLC
|
Completion of First Tranche of Share Buyback Programme |
Secure Trust Bank PLC (the "Company") announces that the initial £5 million tranche of the share buyback programme announced on 29 June 2026 (the "Buyback Programme") has been completed in accordance with its terms.
Between 29 June 2026 and 5 August 2026, the Company repurchased 323,406 ordinary shares at an average price of 1,546.036 pence per share, for an aggregate consideration of approximately £5 million.
The Buyback Programme represented the first tranche of the Company's planned £10 million share buyback, intended to return excess capital released from the sale of its Consumer Vehicle Finance business to shareholders alongside its progressive dividend policy.
The Board intends to commence the second £5 million tranche of the planned £10 million share buyback programme in September 2026, and a further announcement will be made when it launches.
Enquiries:
Secure Trust Bank PLC
Ian Corfield, Chief Executive Officer
Rachel Lawrence, Chief Financial Officer
Phil Deakin, Strategy and Corporate Development Director
Tel: +44 (0)121 693 9100
Investec Bank plc (Joint Broker)
Christopher Baird
Gordon Hamilton
Tel: +44 (0)20 7597 5970
Shore Capital Stockbrokers (Joint Broker)
Mark Percy
Oliver Jackson
Sophie Collins
Ansh Batura
Tel: +44 (0)20 7408 4090
Camarco
Geoffrey Pelham-Lane, Amrith Uppuluri
Tel: +44 (0) 7733 124 226, +44 (0) 7763 083 058
About STB
STB is an established, well‑funded and capitalised UK retail bank with a more than 72‑year trading track record. STB operates principally from its head office in Solihull, West Midlands. STB's diversified lending portfolio focuses on two lending sectors, with multiple product verticals, supported by a strong deposits franchise:
(i) Business Finance, and
(ii) Retail Finance through its V12 brand.
Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.