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IN BRIEF: Foxtons launches buyback programme for up to GBP3 million

8th Sep 2025 17:04

Foxtons Group PLC - London-based real estate and lettings agency - Launches a share buyback programme for up to GBP3 million, to be funded by existing cash balances and a revolving credit facility. Foxtons appoints Singer Capital Markets to manage the buyback on its behalf. The company continues to pursue lettings portfolio acquisition opportunities within its capital allocation framework, and adds that it continuously reviews shareholder return opportunities.

Current stock price: 55.80 pence, closed up 0.9% in London on Monday

12-month change: down 11%

By Emily Parsons, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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Foxtons
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