28th May 2025 11:52
Elementis PLC - London-based chemicals maker - Begins share buyback programme of up to GBP40 million, or USD50 million equivalent, starting Wednesday. The majority of shares repurchased will be cancelled, with a small portion held in treasury to satisfy obligations under the employee share scheme. Buyback to be conducted by broker Numis Securities Ltd under authority granted at its annual general meeting on April 29 and to run until no later than April 28, 2026.
The maximum number of shares that may be purchased under the programme is 59.1 million.
Current stock price: 142.80 pence, down 1.4% in London on Wednesday
12-month change: down 3.5%
By Eva Castanedo, Alliance News reporter
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