Plus500 has started a new $100 million share repurchase program, marking its second buyback of the same size in 2026 as the company continues returning capital to shareholders.
The London-listed trading group is authorized to repurchase up to 5.76 million shares, although the final number acquired will depend on market prices and the overall $100 million spending limit.
The latest buyback forms part of the $182.5 million shareholder return package announced alongside Plus500’s first-half 2026 results. Of that amount, $100 million has been allocated to share repurchases, while the remaining $82.5 million will be distributed through dividends.
The new program is divided into two components: a $35.3 million interim buyback and a $64.7 million special buyback.
Plus500 has appointed Panmure Liberum to carry out the purchases in the open market under an irrevocable and non-discretionary mandate.
Once the program has started, neither Plus500 nor its board will be able to alter the trading instructions governing the repurchases.
The buyback may remain active until the company publishes its results for the first half of 2027. Purchases can also continue during closed periods, subject to applicable regulations.
The company’s repeated buyback programs have continued to reduce the number of shares in circulation.
During the first half of 2026, Plus500 reported a 6% year-on-year increase in earnings per share, while net profit rose by 2%.
The stronger EPS growth partly reflected a decline in the weighted average number of shares used in the calculation, which fell to 69.9 million from 72.8 million a year earlier.
Shares repurchased under the latest program will be held in treasury and will not carry voting rights or receive dividend payments.
Plus500 Continues Large-Scale Capital Returns
The new program follows another $100 million buyback launched in February 2026, which was included in a separate $187.5 million shareholder return package.
Plus500 has also implemented several major repurchase programs in recent years, including $90 million in August 2025 and $110 million in August 2024.
The company has been buying back shares since 2017 and has increasingly used repurchases alongside dividends as part of its capital distribution strategy.
As of June 30, 2026, Plus500 held more than 45.5 million shares in treasury, representing roughly 40% of its issued share capital.
The company said its two shareholder return packages announced in 2026 now total around $370 million.
Since its 2013 initial public offering, Plus500 says it has returned approximately $3.1 billion to shareholders through a combination of dividends and share buybacks.
The latest $100 million program further underlines the company’s continued focus on capital returns while maintaining an active repurchase strategy extending into 2027
