Playtech has rolled out a new GBP 43.7m (EUR 50m) share buyback plan that will run until the end of March 2026. The Playtech share buyback won’t cut the company’s share capital, as all repurchased stock will move into its Employee Benefit Trust. Those shares will then be used to fund staff share schemes when they vest.
The buyback will total up to GBP 43.7m of Playtech’s ordinary shares. The programme will be run by Goodbody Stockbrokers and Jefferies International, each handling around half, with Goodbody taking the first £21.8m tranche.
All purchased shares will be transferred into the Employee Benefit Trust for no cost. This means they are set aside to cover future employee awards, so the overall number of shares and voting rights for Playtech will stay the same.
The plan sits under authority granted by shareholders at the May 2025 AGM. That approval allows Playtech to repurchase up to 30.9m shares and runs until the company’s 2026 AGM. Playtech also made clear it is not holding any unpublished inside information.
Shares will be bought back on the London Stock Exchange and other venues, with trading managed under set rules. Both Goodbody and Jefferies will make decisions independently within the agreed framework of the programme.
Playtech said the buyback will follow all applicable regulations, including the UK Market Abuse rules. The company will release details of each day’s activity by 7:30am on the next business day.
Please find more news here.