IN BRIEF: Craneware kicks off USD25 million buyback programme
Craneware PLC - Edinburgh-based software solutions provider - Commences the up to USD25 million buyback programme announced alongside its interim results earlier this month. Says it intends to hold any repurchased shares in treasury, "to cover existing share options and long-term incentive plan awards" for employees. Has engaged Peel Hunt LLP, Investec and Berenberg to conduct buybacks on its behalf. Adds that the programme will expire on the earlier of December 31, the conclusion of its next annual general meeting, or once the USD25 million total consideration limit has been reached. Read More