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IN BRIEF: Spectris begins first part of GBP150 million share buyback

13th Dec 2023 09:43

Spectris PLC - London-based supplier of high-tech instruments, test equipment and software for industrial applications - Commences first tranche of up to GBP150 million buyback programme announced on Monday. Company will repurchase a maximum of 8.2 million shares for total consideration of GBP50.0 million. Spectris on Monday said it sold its Red Lion Controls unit for USD345 million.

Current stock price: 3,616.00 pence, up 0.4% on Wednesday morning in London

12-month change: up 13%

By Emma Curzon, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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Spectris
FTSE 100 Latest
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Change-26.32