Springfield Properties Approves £0.125 Share Buyback Plan with 99.8% Shareholder Approval

Springfield Properties plc, an AIM-listed housebuilder headquartered in Scotland, has secured overwhelming shareholder approval for a £1.5 billion share buyback programme. The company’s general meeting, held earlier in September 2026, approved the plan with a staggering 99.8% support, reflecting strong confidence among investors. The buyback will target ordinary shares priced at 0.125 pence each, with the authority to repurchase up to 11.9 million shares—though the company may initially focus on purchasing up to 5.96 million shares on-market, offering flexibility to expand further if needed.