21st Mar 2025 12:53
FirstGroup PLC - Aberdeen, Scotland-based public transport provider - Completes buyback of 30.4 million shares worth a total of GBP50.0 million, which began November 15. The average price of shares bought back under the programme was 163.94 pence.
"Looking ahead, the group's strong balance sheet position and cash generative businesses allow us to continue to invest in decarbonisation, grow and diversify our portfolio, maintain our progressive dividend policy and for potential further capital returns to shareholders, which the board keeps under review," the company says.
Current share price: 174.20 pence, down 4.3% in London on Friday afternoon.
12-month change: down 4.7%
By Aidan Lane, Alliance News reporter
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