17th Sep 2026 09:52
Frasers Group PLC - Shirebrook, England-based owner of House of Fraser, Sports Direct and Flannels retail chains - Commissions broker Panmure Liberum Ltd to start a new share buyback programme, after buybacks were approved at Frasers's annual general meeting on Wednesday. Shareholders granted Frasers authority to buy back up to 67.1 million shares, and Frasers has commissioned Panmure Liberum to buy back up 10.0 million for a maximum value of GBP80.0 million. The latest buyback will run from Thursday until early November. Repurchased shares will be put in treasury.
Current stock price: 768.50 pence, up 0.7% in London on Thursday for GBP3.42 billion market capitalisation
12-month change: up 8.2%
By Tom Waite, Alliance News editor
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