FirstGroup PLC (LSE:FGP) shares recovered sharply on Monday after falling almost 7% in early trading, as the transport operator confirmed completion of the £48 million sale of Mistral Data Limited to Tracsis (AIM:TRCS) PLC (AIM). The company opened at 175p, around 2.5% below Friday's 179.4p close, before dropping to an intraday low of 166.9p, representing a fall of almost 7%.
FirstGroup PLC (LSE:FGP) shares strengthened, rising 7.7%, changing hands at 188p, after announcing it will launch a new £100 million share buyback after higher revenue, improved earnings per share and strong cash generation underpinned another year of shareholder returns. The UK transport group reported adjusted revenue of £1.72 billion for the 52 weeks to 28 March 2026, up 25% from £1.37 bill...
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