30th Sep 2015 16:48
LONDON (Alliance News) - WPP PLC Wednesday said it has entered into an irrevocable and non-discretionary arrangement with its broker, Bank of America Merrill Lynch, to repurchase shares on its behalf.
WPP said the shares will be repurchased between October 1 and October 23 within "certain pre-set parameters" and held as treasury shares.
WPP shares closed up 2.8% to 1,362.66 pence per share on Wednesday.
By Joshua Warner; [email protected]; @JoshAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
WPP