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IN BRIEF: Dewhurst up after announcing GBP2.5 million buyback

2nd Feb 2024 09:28

Dewhurst Group PLC - London-based supplier of components to the lift, transport and keypad industries - Commences share buyback programme for up to GBP2.5 million. The shares may be bought back at no more than 105% of the middle-market averages for the ten days preceding the day of purchase.

The buyback starts Friday and will end no later than March 31, or when the maximum value of the programme has been reached. Dewhurst will reconfirm the details of the programme at its annual general meeting on February 20.

Current stock price: 800.00 pence each, up 6.7% in London on Friday morning.

12-month change: down 37%

By Hugh Cameron, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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