Experian Enhances Shareholder Value with Share Repurchase

Experian ( (GB:EXPN) ) has issued an announcement.

Experian plc has announced the purchase of 248,000 of its own shares on the London Stock Exchange as part of its ongoing share repurchase program. The shares, bought at prices ranging from 3,487 to 3,568 pence, will be held as treasury shares, increasing the total treasury shares to 54,194,568. This move is part of Experian’s strategy to manage its capital efficiently and could potentially enhance shareholder value by reducing the number of shares in circulation, thereby increasing earnings per share.

More about Experian

Experian is a global data and technology company that provides a range of services including redefining lending practices, fraud prevention, healthcare simplification, digital marketing solutions, and automotive market insights. The company operates across various markets such as financial services, healthcare, automotive, agrifinance, and insurance. With a workforce of 22,500 people across 32 countries, Experian is listed on the London Stock Exchange and is part of the FTSE 100 Index, with its headquarters in Dublin, Ireland.

YTD Price Performance: 6.01%

Average Trading Volume: 10,392

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $41.99B

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