OSB Group PLC (GB:OSB) has released an update.
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OSB Group PLC has announced a share repurchase programme starting on 6 September 2024, aiming to buy back up to £50 million worth of shares to reduce the company’s share capital and deliver sustainable returns to shareholders. The repurchases will be made through Citigroup Global Markets Limited and are expected to be completed by 31 January 2025. This move is in line with the Group’s strategy as indicated in their 2024 interim report and is authorized by the shareholders’ general authority granted during the 2024 Annual General Meeting.
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