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Compass Group Advances Share Buyback with Latest Purchase
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Compass Group Advances Share Buyback with Latest Purchase

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An update from Compass ( (GB:CPG) ) is now available.

Compass Group PLC has executed a share buyback, purchasing 59,960 ordinary shares on December 17, 2024, as part of the second and final stage of its $500 million buyback program. The shares will be held in treasury to meet obligations related to employee share schemes. This strategic move aims to enhance shareholder value and optimize the company’s capital structure, reflecting a commitment to return capital to shareholders.

More about Compass

Compass Group PLC is a leading company in the foodservice and support services industry, known for providing a wide range of dining and facility management services across various sectors globally. The company focuses on delivering high-quality service solutions to clients in various markets, including education, healthcare, and business sectors.

YTD Price Performance: 26.24%

Average Trading Volume: 3,126,660

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £45.05B

For detailed information about CPG stock, go to TipRanks’ Stock Analysis page.

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