Schroders (GB:SDR) has released an update.
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Schroders PLC has announced a share repurchase plan worth up to £20 million, partnering with Barclays Bank to facilitate the process. The repurchased shares will be held in treasury to fulfill employee share schemes or to reduce the company’s issued share capital. This strategic move is expected to be completed by the end of December 2024.
For further insights into GB:SDR stock, check out TipRanks’ Stock Analysis page.
