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Compass Group Advances Share Buyback Plan

Compass Group Advances Share Buyback Plan

Compass (GB:CPG) has released an update.

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Compass Group PLC has purchased 42,700 of its own ordinary shares as part of a $500 million share buyback program, which will be held in treasury to fulfill obligations for employee share schemes. These transactions were conducted through their broker, J.P. Morgan Securities plc, and fall under the second phase of the buyback plan announced earlier in June 2024. The company’s total number of voting rights remains at 1,698,858,059 ordinary shares after the buyback.

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

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