Source - LSE Regulatory
RNS Number : 1846E
Greencore Group PLC
23 February 2024
 

Completion of Share Buyback Programme

 

 23 February 2024

 

Greencore Group plc, ('Greencore' or the 'Company') is pleased to announce the completion of its £15 million share buyback programme ('Programme') that commenced on 10 October 2023.

 

Between 10 October 2023 and 22 February 2024, 15,438,604 ordinary shares in the Company were repurchased on the London Stock Exchange for cancellation at a weighted average price of £0.9716 per share. This represented 3.193% of the issued share capital of the Company (excluding any shares held in treasury, of which there are none) when the Programme commenced.

 

On 24 May 2022, the Company announced its intention to recommence value return of up to £50 million over the following two years consistent with the Group's capital management policy. Following the completion of the Programme the Company has now returned £50 million to shareholders via share buyback which marks the end of this value return.

 

 

For further information, please contact:

 

Damien Moynagh

Group General Counsel & Company Secretary

Greencore Group plc

Fourth Floor,

Block Two,

Dublin Airport Central,

Dublin Airport,

Co Dublin

K67 E2H3

Tel: +353 (0)1 605 1000

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSBCGDDUDDDGSD
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Greencore Group PLC (GNC)

-1.70p (-1.01%)
delayed 16:15PM