London, Feb 16, 2026, 11:25 GMT — Regular session.
- Plus500 shares rose about 2% in London after it launched a new $100 million share buyback.
- The broker has been leaning on buybacks and dividends as it pushes into new products and markets.
- Next near-term marker for shareholders is the Feb. 19 ex-dividend date.
Plus500 shares rose 2.1% to 4,780 pence on Monday after the online trading firm launched a new share buyback programme worth up to $100 million. (London South East)
Buybacks matter for a stock like this because they are a direct bid for shares, and they can lift earnings per share by shrinking the share count. They also test management’s confidence in cash flows when trading conditions can turn fast.
The announcement follows Plus500’s recent argument that 2026 should come in ahead of market expectations after a better-than-expected 2025, helped by expansion into new markets and products. (Reuters)
Panmure Liberum will run the buyback under an “irrevocable” arrangement, meaning the broker controls execution within set limits to meet market-abuse rules. Plus500 said it can buy back up to 3,769,933 shares under the authority it has, and it expects to seek fresh approval from shareholders at its next annual meeting. (TradingView)
A separate filing on Monday showed Plus500’s previous repurchase programme has now ended, after it bought 6,250 shares on Feb. 13, taking the total purchased under that plan to 2,075,896 shares at an aggregate cost of $90 million. (TradingView)
Chief executive David Zruia said 2025 “marked a year of accelerated strategic progress,” and pointed to the non-OTC business becoming a bigger driver. The company’s preliminary results showed revenue of $792.4 million and EBITDA of $348.1 million, with about $0.8 billion of cash at year-end.
The capital-returns push is not unique. IG Group and other listed CFD brokers have also used buybacks as they try to balance customer growth with tighter spending and regulation. (Finance Magnates)
Plus500 ended Friday at 4,682 pence, down 1.8% on the day, after pulling back from early-February highs. (Investing)
There is a catch. Retail trading revenue often tracks market volatility and client activity; calmer markets, tougher rules or higher marketing costs can still squeeze earnings even with a buyback running.
Investors’ next near-term catalyst is the Feb. 19 ex-dividend date, ahead of a Feb. 20 record date and a July 9 payment for the $87.5 million dividend package flagged for 2026. (Plus500)
