Compass Group plc (GB:CPG) has released an update.
Compass Group PLC has announced the purchase of 100,000 of its own shares as part of its ongoing $500 million share buyback program, with the shares to be held in treasury for future employee share schemes. The buyback, which represents an initial stage of a broader capital return strategy, was conducted through various trading venues at prices ranging from £21.8600 to £22.1400 per share. Following the transaction, the company has over 1.7 billion shares in issue with the same number of voting rights.
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