M.P. Evans (GB:MPE) has released an update.
M.P. Evans Group PLC has announced a new share buyback programme, commencing immediately with a budget of £2 million, set to expire on 14 September 2024. The board believes the company’s shares are undervalued and repurchasing them will be beneficial to earnings. The shares purchased will be cancelled, and the buyback will adhere to regulatory limits and shareholder authority from the recent AGM.
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