IN BRIEF: Compass launches first half of USD500 million buyback

Compass Group PLC - FTSE 100 Chertsey, England-based catering and food service provider - ...

Alliance News 4 December, 2023 | 9:04AM
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Compass Group PLC - FTSE 100 Chertsey, England-based catering and food service provider - Announces deal inked on Friday with BNP Paribas Arbitrage SNC to enable buyback of shares worth up to USD250 million, or GBP197.3 million, between Monday and May 8, 2024. Says 'H1 Buyback' is the initial stage of its USD500 million buyback, which Compass announced alongside its full-year results on November 20. Company is currently authorised to repurchase up to 139.6 million shares pursuant to the H1 Buyback.

Current stock price: 2,035.00 pence, up 0.4% on Monday morning in London

12-month change: up 7.3%

By Emma Curzon, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Compass Group PLC 2,181.00 GBX -1.00

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