Compass (GB:CPG) has released an update.
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Compass Group PLC has executed a buyback of 55,763 ordinary shares on the London Stock Exchange, as part of its final phase in a $500 million share buyback initiative. The shares, acquired at an average price of £27.52, will be held in treasury to fulfill employee share schemes. This move reflects the company’s ongoing commitment to managing its capital structure.
For further insights into GB:CPG stock, check out TipRanks’ Stock Analysis page.