YouGov (AIM:YOU), the international research and data analytics group, said full-year performance to 31 July will be in line with guidance issued at its half-year results.
The company has extended its term loan and revolving credit facility with its existing banking group, pushing the final maturity to April 2028 and replacing a repayment originally due by September 2027 with a €20 million instalment due in October 2027. The margin and covenants on the facility are unchanged.
YouGov said it continues to see a gap between its intrinsic value and its market value, a view first flagged at the interim results, and has amended the banking terms to permit a share buyback. Provided that gap persists, the group intends to launch a discretionary buyback after exiting its closed period following the FY26 results in October, replacing the annual dividend, with full details to follow at those results.
Management changes were also detailled, with Wayne Levings will join as chief executive elect on 1 November and take over as CEO by 1 February 2027. Stephan Shakespeare will step down as CEO at that point, remain on the Board as a non-executive director, and chair a newly created Innovation committee.
In product news, YouGov added support for the Model Context Protocol standard and launched YouGov Parallax, combining digital twin simulation with human verification for AI-generated responses.
Full details on the buyback and FY26 results are due in October.