Firstgroup (GB:FGP) has released an update.
FirstGroup plc has repurchased 21,009 of its ordinary shares at an average price of 145.38 pence per share as part of its ongoing share buyback program. This transaction increases the total number of shares held in treasury to 135,247,302, while the number of shares available for voting stands at 615,447,713. Investors may view this strategic move as an indication of FirstGroup’s confidence in its market valuation.
For further insights into GB:FGP stock, check out TipRanks’ Stock Analysis page.