IN BRIEF: GB Group picks Numis to run GBP25 million share buyback
GB Group PLC - Chester, England-based identity and location technology provider - Commissions Numis Securities Ltd, which trades as Deutsche Numis, to run a share buyback worth up to GBP25 million. The buyback begins on Wednesday and will be completed by November 30. The repurchased GB Group shares will be cancelled. "The board considers a share buyback to be an attractive use of surplus capital, aligned with our capital allocation policy, to generate significant shareholder value over the long-term," GB Group says. Read More