17th Nov 2025 12:15
Qinetiq Group PLC - Hampshire, England-based defence technology company - Says it has completed the first GBP50 million tranche of its expanded share buyback programme and has now signed an agreement to begin the next phase. The group says the initial tranche, executed by Numis Securities Ltd, forms part of the GBP200 million extension to its ongoing buyback plan announced in March. The full programme is scheduled to run over two years. QinetiQ says it has now entered into a new agreement with Deutsche Numis to carry out the second GBP50 million tranche, which is expected to be completed no later than March 31, 2026.
Current stock price: 442.40 pence
12-month change: up 4.1%
By Eva Castanedo, Alliance News reporter
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