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FirstGroup Executes Share Buyback as Part of Strategic Program

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FirstGroup Executes Share Buyback as Part of Strategic Program

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Firstgroup ( (GB:FGP) ) has issued an update.

FirstGroup plc has announced a share buyback transaction, purchasing 375,859 of its ordinary shares at a weighted average price of 161.68 pence per share. This move is part of the company’s previously announced buyback program and follows the company’s strategy to hold these shares as treasury shares, with the possibility of canceling them in the future. This transaction affects the total voting rights in the company, which now stands at 599,012,897, providing shareholders with updated figures for regulatory compliance.

More about Firstgroup

Average Trading Volume: 972,806

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £945.9M

See more insights into FGP stock on TipRanks’ Stock Analysis page.

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