Future PLC halts GBP30 million buyback programme, shares fall
Future PLC on Wednesday said 2026 results would be in line with market expectations and that it had halted its share buyback programme as it shifts focus to deleveraging in 2027.
Shares in Bath, England-based Future fell 2.6% to 308.20 pence each around noon.
Future, which owns specialist online magazines and the price comparison website Go Compare, said trends in the second half of the year had been in line with expectations.
As a result, the group expects 2026 results in line with company-compiled consensus, which currently forecasts revenue of £707.0 million, adjusted earnings before interest, tax, depreciation and amortisation of £180.0 million, adjusted earnings per share of 101 pence and leverage of 1.7 times.
Future said it would focus on reducing debt in 2027 and paused its current share buyback programme, announced in December 2025. The group said it had bought back around £24 million in shares out of the originally planned total of £30 million.
Future said it will maintain its current dividend policy.
The company will report full-year results on December 3.
Copyright 2026 Alliance News Ltd. All Rights Reserved.