Future plc (GB:FUTR) has released an update.
Future plc has announced the repurchase of 318 of its own ordinary shares at a cost of £9,598,368.45, with intentions to cancel them, leaving the company with 114,290,294 shares in issue. The shares were bought through J.P. Morgan Securities plc with prices ranging from 1,002 to 1,004 pence per share. This move is part of Future’s strategy to optimize its portfolio, which includes over 230 brands across various content verticals and monetization frameworks.
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