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Begbies Traynor Buys Shares for Employee Trust

Begbies Traynor Buys Shares for Employee Trust

Begbies Traynor (GB:BEG) has released an update.

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Begbies Traynor Group plc has announced the purchase of 139,993 of its own ordinary shares at an average price of 105.91 pence each, for its Employee Benefits Trust (EBT) to satisfy future share option awards. The shares, representing about 1.48% of the company’s total voting rights, were bought with funds from the company’s existing cash resources. The EBT benefits the company’s employees, including the directors.

For further insights into GB:BEG stock, check out TipRanks’ Stock Analysis page.

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