Compass (GB:CPG) has released an update.
Compass Group PLC has recently undertaken a share repurchase, buying back 64,425 of its own shares through J.P. Morgan Securities, as part of a larger $500 million share buyback program. The shares were purchased at varying prices with the intention of holding them in treasury to fulfill future employee share scheme obligations. Post-purchase, Compass Group PLC has over 87 million shares in treasury, with a total voting rights count remaining at approximately 1.7 billion shares.
For further insights into GB:CPG stock, check out TipRanks’ Stock Analysis page.