Compass (GB:CPG) has released an update.
Compass Group PLC has repurchased 64,227 of its own shares as part of a $250 million share buyback program, using J.P. Morgan Securities as a broker. These shares will be held in treasury to fulfill obligations related to employee share schemes. This move marks the final phase of a broader $500 million buyback initiative aimed at optimizing the company’s capital structure.
For further insights into GB:CPG stock, check out TipRanks’ Stock Analysis page.
