Firstgroup (GB:FGP) has released an update.
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FirstGroup plc has successfully completed its £115m share buyback program, purchasing a total of 71,200,278 shares and signaling a strong financial position with the capability to further invest in decarbonization and shareholder returns. This follows a previous £75m buyback scheme, with both programs acquiring over 135 million shares, underscoring the company’s commitment to growth and a progressive dividend policy. FirstGroup’s robust balance sheet and business performance maintain the option for additional capital returns, as assessed by the Board.
For further insights into GB:FGP stock, check out TipRanks’ Stock Analysis page.
