FirstGroup Initiates £100 Million Share Buyback Program

FirstGroup announced on June 17, 2026, the launch of a £100 million share buyback program. The initiative aims to return value to shareholders and reflects the company's strong financial position following recent strategic divestments. The buyback is scheduled to conclude by December 2026. This move follows FirstGroup's divestment of its US First Student and First Transit businesses, which significantly strengthened its balance sheet. The company reported a net cash position of £97.1 million as of March 30, 2024.