29th Jan 2024 09:09
Alpha Group International PLC - London-based financial services including, currency risk management, mass payments and cash management for corporates and institutions - Launches share buyback on Monday, allocating up to GBP20 million in cash reserves to the programme. Alpha contracts Liberum Capital Ltd, its broker, to run the buyback, which will run to the company's next annual general meeting or until a maximum of GBP20 million has been spent. Alpha holds its AGMs in May.
Current stock price: 1,560.00 pence, up 5.4% early Monday in London for GBP641.2 million market capitalisation
12-month change: down 17%
By Tom Waite, Alliance News editor
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