Quilter plc has begun a final £30 million tranche of share buybacks, completing a three-phase programme that the wealth manager launched in March 2026.
Merrill Lynch International has been instructed to manage the third tranche, which runs from Monday through November 30, 2026, with a possible extension to December 17 under limited circumstances. The firm can purchase up to 118,097,142 shares on European trading venues, including the London Stock Exchange, and the Johannesburg Stock Exchange.
Quilter said it would cancel all shares bought back. Repurchases will be carried out under Chapter 9 of the UK Listing Rules, the UK Market Abuse Regulation and the company’s existing authorities.
The third tranche brings the total programme to £100 million aimed at reducing share capital. Quilter has already repurchased £70 million across two earlier tranches — the first announced on March 4 and the second on June 22.
Of the completed buybacks, £55.3 million was executed on the London Stock Exchange and £14.7 million on the Johannesburg Stock Exchange. In total, 37.6 million shares were acquired at an average price of 186 pence.
