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Sage Group announces share buyback programme

Thu, 4th Mar 2021

The Sage Group has announced it is commencing a star buyback programme of up to £300 million. The programme will run from March 4, 2021, and is expected to end no later than September 4, 2021. The group said the share buyback programme is 'consistent with its disciplined approach to capital allocation', and reflects the sale proceeds from recent disposals and strong ongoing cash generation. It added that it 'continues to have considerable financial flexibility to drive the execution of its growth strategy, supported by its robust financial position'. At 8:42am: (LON:SGE) Sage Group PLC share price was 0p at 676p Story provided by StockMarketWire.com

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