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Springfield Properties Board Proposes Share Repurchase Program

MT Newswires·08/21/2026 03:15:42
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03:15 AM EDT, 08/21/2026 (MT Newswires) -- Springfield Properties' (SPR.L) board proposed to repurchase up to 5,957,372 ordinary shares, pending shareholder approval. The housebuilder's proposal is in line with an existing buyback authority granted in October 2025 that is expected to be up for renewal at the company's 2026 annual general meeting, according to a Friday release. If the repurchase authority is renewed, Springfield Properties noted that the total program will still involve up to 11,904,240 ordinary shares.