Compass Group Completes Phase of Share Buyback Plan

Compass (GB:CPG) has released an update.

Compass Group PLC has repurchased 56,375 of its own shares as part of its ongoing $500 million share buyback program. The shares, acquired at an average price of £26.7498 on the London Stock Exchange, will be held in treasury to meet future employee share scheme obligations. This transaction marks the completion of the second phase of the company’s extensive buyback initiative.

For further insights into GB:CPG stock, check out TipRanks’ Stock Analysis page.