8th Jan 2026 11:01
Softcat PLC - Buckinghamshire, England-based provider of IT infrastructure products - Starts share buyback worth up to GBP45 million on Thursday. The buyback will be run by JP Morgan Securities PLC and is expected to be completed during the first half of 2026. Softcat says the buyback "reflects the board's continued confidence in Softcat's long-term prospects" and the company's strong cash generation. The repurchased shares will be cancelled.
Current stock price: 1,459.28 pence, up 4.2% in London on Thursday for GBP2.92 billion market capitalisation
12-month change: down 0.8%
By Tom Waite, Alliance News editor
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