Firstgroup ( (GB:FGP) ) just unveiled an update.
FirstGroup plc announced the completion of its £50 million share buyback programme, having repurchased over 30 million shares. The company plans to leverage its strong financial position to invest in decarbonisation, diversify its portfolio, and potentially return more capital to shareholders, indicating a focus on sustainable growth and shareholder value.
More about Firstgroup
FirstGroup plc is a leading private sector provider of public transport services in the UK, generating £4.7 billion in revenue and employing around 30,000 people. The company operates First Bus, one of the largest bus operators in the UK, and First Rail, a major rail operator. FirstGroup is committed to sustainability, aiming for a zero-emission bus fleet by 2035 and supporting the removal of diesel-only trains by 2040.
YTD Price Performance: 13.94%
Average Trading Volume: 1,368,104
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.04B
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