31st Jan 2019 09:19
LONDON (Alliance News) - Greencore Group PLC on Thursday said it will repurchase shares worth GBP509.0 million as its previously announced tender offer was fully taken up.
The company will acquire 261.0 million shares, or 36.92% of its issued capital.
The offer, priced at 195.00 pence per share, was oversubscribed with a total of 296.2 million shares tendered by qualifying shareholders, the company explained.
Greencore shares were trading down 2.4% at 200.00p each.
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