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Shareholders' Equity
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Shareholders' equity Shareholders' Equity
(a)Ordinary share capital
December 31, 2024December 31, 2023December 31, 2024December 31, 2023
No.No.MillionsMillions 
Authorized: 
Ordinary shares of £0.50 each
40,000,000 40,000,000 $35.7 (1)$35.7 (1)
40,000,000 40,000,000 $35.7 (1)$35.7 (1)
Allotted, called up and fully paid:
 
Ordinary shares of £0.50 each
28,944,000 28,944,000 $26.5 (1)$26.5 (1)
28,944,000 28,944,000 $26.5 (1)$26.5 (1)
(1)The Company's ordinary share capital is shown in U.S. dollars at the exchange rate prevailing at the month-end spot rate at the time of the share capital being issued.
The rights of the shares are as follows:
Ordinary shares of £0.50 each
The ordinary shares carry no entitlement to an automatic dividend but rank pari passu in respect of any dividend declared and paid. The ordinary shares were allotted and issued to satisfy share awards which vested under the Company's share award and share incentive plans.
At December 31, 2024, there were 26,742,074 (2023: 26,834,628) ordinary shares of Luxfer Holdings PLC listed on the New York Stock Exchange (NYSE).

(b) Treasury Shares
In millions
At January 1, 2023$(20.4)
Purchase of treasury shares(2.7)
Utilization of treasury shares0.2 
At December 31, 2023(22.9)
Purchase of treasury shares(2.3)
Utilization of treasury shares0.3 
At December 31, 2024$(24.9)
In 2024, the Company purchased 200,000 ordinary shares for a total cost of $2.3 million. 16,248 of these shares were utilized at $0.3 million, with the remaining 183,752 retained within Treasury shares.
In 2023, the Company purchased 210,000 ordinary shares for a total cost of $2.7 million. 14,195 of these shares were utilized at $0.2 million, with the remaining 185,805 retained within Treasury shares.
At December 31, 2024, there were 1,657,323 (2023: 1,473,571) treasury shares held at a cost of $25.0 million (2023: $22.9 million).
16.    Shareholders' Equity (continued)
(c) Company shares held by ESOP
In millions
At January 1, 2023$(1.0)
Utilization of ESOP shares0.1 
At December 31, 2023(0.9)
Utilization of ESOP shares0.1 
At December 31, 2024$(0.8)
At December 31, 2024, there were 544,603 ordinary shares at £0.50 each (2023: 635,801 ordinary shares of £0.50 each) held by The Luxfer Group Employee Share Ownership Plan (the "ESOP").

(d) Dividends paid and proposed
In millions202420232022
Dividends declared and paid during the year:
Interim dividend paid February 2, 2022 ($0.125 per ordinary share)
$— $— $3.4 
Interim dividend paid May 4, 2022 ($0.130 per ordinary share)
— — 3.6 
Interim dividend paid August 3, 2022 ($0.130 per ordinary share)
— — 3.6 
Interim dividend paid November 2, 2022 ($0.130 per ordinary share)
— — 3.6 
Interim dividend paid February 1, 2023 ($0.130 per ordinary share)
— 3.5 — 
Interim dividend paid May 3, 2023 ($0.130 per ordinary share)
— 3.5 — 
Interim dividend paid August 2, 2023 ($0.130 per ordinary share)
— 3.5 — 
Interim dividend paid November 1, 2023 ($0.130 per ordinary share)
— 3.5 — 
Interim dividend paid February 7, 2024 ($0.130 per ordinary share)
3.5 — — 
Interim dividend paid May 8, 2024 ($0.130 per ordinary share)
3.5 — — 
Interim dividend paid August 7, 2024 ($0.130 per ordinary share)
3.5 — — 
Interim dividend paid November 6, 2024 ($0.130 per ordinary share)
3.5 — — 
$14.0 $14.0 $14.2 

In millions202420232022
Dividends declared and paid after December 31 (not recognized as a liability at December 31):
Interim dividend paid February 1, 2023: ($0.130 per ordinary share)
$— $— $3.5 
Interim dividend paid February 7, 2024: ($0.130 per ordinary share)
— 3.5 — 
Interim dividend paid February 5, 2025: ($0.130 per ordinary share)
3.5 — — 
$3.5 $3.5 $3.5