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Firstgroup ( (GB:FGP) ) just unveiled an update.
FirstGroup plc has completed the first tranche of its £50 million on-market share buyback programme, purchasing 15,703,358 ordinary shares. The second tranche, managed by Panmure Liberum Limited, has commenced with up to £25 million allocated for further buybacks, signifying FirstGroup’s strategic focus on enhancing shareholder value.
More about Firstgroup
FirstGroup plc operates in the transportation sector, offering services primarily focused on bus and rail operations. The company is a significant player in the UK transport industry, providing essential public transport solutions.
YTD Price Performance: 1.12%
Average Trading Volume: 996,041
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £951.5M
For a thorough assessment of FGP stock, go to TipRanks’ Stock Analysis page.
