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IN BRIEF: Frasers Group launches new share buyback worth GBP80 million

18th Jun 2024 08:37

Frasers Group PLC - Shirebrook, England-based owner of House of Fraser, Sports Direct and Flannels retail chains - Commissions new share buyback for up to 10.0 million shares, spending no more than GBP80.0 million. The programme will be run by Barclays Bank PLC, part of Barclays PLC, during the closed period from Tuesday until Frasers releases its financial 2024 results. These are scheduled for July, with no specific date yet announced.

Current stock price: 864.00 pence, up 1.0% in London early Tuesday

12-month change: up 21%

By Tom Waite, Alliance News editor

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Copyright 2024 Alliance News Ltd. All Rights Reserved.

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