FirstGroup Boosts Treasury with Share Buyback

Firstgroup (GB:FGP) has released an update.

FirstGroup plc has executed a significant transaction by purchasing 321,207 of its own ordinary shares as part of its ongoing share buyback program. The shares were bought at a weighted average price of 152.88 pence each, increasing the company’s treasury holdings to 138,371,888 shares. This move is part of FirstGroup’s strategy to manage its capital structure and potentially enhance shareholder value.

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