2nd Jan 2025 10:20
Future PLC - Bath, England-based online magazine publisher and owner of price comparison website Go Compare - Begins a share buyback programme of up to GBP55 million, under its existing authority to purchase up to 11.67 million shares.
The programme, managed by Numis Securities Ltd, will run until the conclusion of the company's financial 2026 annual general meeting or December 1, 2025, whichever is earlier. The purchased shares will be cancelled to reduce the company's capital.
Future says the programme is part of its capital allocation strategy and will operate in line with UK regulations. It will provide daily updates on shares repurchased.
Current stock price: 941.00 pence each, up 1.5% on Thursday morning
12-month change: up 21%
By Eva Castanedo, Alliance News reporter
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