6th Jan 2026 10:37
AEP Plantations PLC - owner, operator and developer of palm oil plantations in Indonesia and Malaysia - Commences a new buyback programme effective Tuesday this week, worth up to GBP8 million. This follows its up to GBP8 million repurchase programme completed on December 3. AEP says the new scheme will run until June 30, or if earlier, its annual general meeting this year. The company says its shares are undervalued relative to its "strong fundamentals and growth potential". The shares will be repurchased by broker Cavendish Capital Markets Ltd.
Current stock price: 1,445.00 pence, up 4.0% on Tuesday morning in London
12-month change: more than doubled from 642.00p
By Christopher Ward, Alliance News reporter
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Anglo-Eastern Plantations