5th Oct 2026 11:12
MP Evans Group PLC - Tunbridge Wells, England-based and Indonesia-focused palm oil producer - Announces extension to share buyback programme, which expired on September 15. Says programme will have a budget of up to GBP3 million, commencing with immediate effect. It will expire on December 15, at which point the board will consider a further extension. Says all shares repurchased will be cancelled.
"The board believes the group is well positioned, supported by strong operational cash generation and a robust balance sheet," MP Evans says. "This provides an opportunity to repurchase shares at advantageous levels, as part of its overall approach to capital allocation, which will focus on long-term value creation for shareholders."
Current stock price: 2,070.00 pence
12-month change: up 54%
By Emma Curzon, Alliance News reporter
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