Frasers Group Plc (GB:FRAS) has released an update.
Frasers Group Plc has actively engaged in its stock buyback program, purchasing 96,259 of its ordinary shares at an average price of 798.2149 pence per share. The shares, bought through the company’s broker Numis Securities Limited, will be held as treasury shares, with the total number of shares in issue now standing at 450,518,729 excluding treasury shares. This move is part of a strategic effort to manage the company’s share capital, signaling potential confidence in its financial health and future prospects.
For further insights into GB:FRAS stock, check out TipRanks’ Stock Analysis page.
