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IN BRIEF: Begbies Traynor launches GBP1.5 million share buyback

22nd Oct 2024 06:58

Begbies Traynor Group PLC - Manchester, England-based consultancy that provides recovery, financial advisory and property services - Starts share buyback programme worth up to GBP1.5 million on Monday. The buyback will be run by broker Canaccord Genuity Ltd and be completed by the end of February. The repurchased shares will be used to meet exercises of convertible debt instruments into equity. It will be financed from existing cash resources.

Current stock price: 91.29 pence

12-month change: down 18%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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