Compass (GB:CPG) has released an update.
Compass Group PLC has recently completed a share buyback, purchasing 65,696 ordinary shares through J.P. Morgan Securities plc, as part of a larger $500 million buyback program announced last year. These shares are to be held in treasury, mainly to fulfill obligations related to employee share schemes. This action is the final stage of the company’s substantial investment in its own stock, reflecting a confident stance in its financial strategy.
For further insights into GB:CPG stock, check out TipRanks’ Stock Analysis page.
