FirstGroup's Proposed Capital Reduction Takes Effect

11:34 AM EDT, 09/21/2026 (MT Newswires) -- FirstGroup (FGP.L) said Monday the proposed reduction of its share premium account became effective following delivery to the Registrar of Companies. The capital reduction, which received shareholder approval and court confirmation, creates 500 million pounds sterling of additional distributable reserves. It gives the British public transport services company greater flexibility to fund future dividends and share buybacks.