Great question. I don't know. My guess is that in this case, they want to keep it a quiet as possible for as long as possible (for all the reasons we've discussed). Unlike many F500 companies that do this routinely.
, UK companies must prospectively disclose key details of an approved buyback program before commencement, report all transactions to the FCA within a week, and publicly disclose those transactions within a week as well, all in accordance with specific formatting and content requirements laid out in regulations.