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WPP Enters Share Buyback Arrangement With Merrill Lynch

30th Jun 2016 16:50

LONDON (Alliance News) - WPP PLC on Thursday said it has entered into an arrangement with its broker Bank of America Merrill Lynch to buy back shares on its behalf between July 1 and August 24.

The shares will be repurchased within certain pre-set parameters and held as treasury shares.

Shares in WPP closed down 0.4% at 1,546.81 pence on Thursday.

By Karolina Kaminska; [email protected] @KarolinaAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.


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WPP
FTSE 100 Latest
Value8,328.60
Change52.94