1st Jul 2026 14:01
AO World PLC - Bolton, England-based online electrical appliances retailer - AO World starts on Wednesday the GBP10 million share buyback announced with its annual results last month. The buyback will be completed by March 31 next year. The first GBP5 million will be run by Jefferies International Ltd, part of Jefferies Financial Group Inc, and the second half by Peel Hunt LLP. The repurchased shares will be cancelled. AO World additionally confirms payment of a special dividend of 1.75 pence per share, also worth GBP10 million in total. The dividend will be paid on July 31, and shares will trade ex-dividend from July 9.
Current stock price: 94.20 pence, up 3.0% in London on Wednesday afternoon
12-month change: down 3.4%
By Tom Waite, Alliance News editor
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