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Compass ( (GB:CPG) ) has shared an update.
Compass Group PLC has announced the repurchase of 81,687 of its ordinary shares at a volume weighted average price of £26.8915, as part of a wider $250 million share buyback plan. This transaction is part of the second and final stage of their $500 million share buyback program, which aims to manage shareholder value and meet obligations related to employee share schemes.
More about Compass
Compass Group PLC operates in the foodservice and support services industry, offering a variety of catering and ancillary services primarily to businesses and institutions. The company focuses on providing meals and support operations in multiple sectors, including business, healthcare, education, sports, and leisure.
YTD Price Performance: 28.81%
Average Trading Volume: 3,108,149
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £45.97B
For a thorough assessment of CPG stock, go to TipRanks’ Stock Analysis page.
