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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 recently reported the buyback of 71,320 of its own shares as part of a larger $500 million share repurchase plan, with these shares to be held in treasury for future employee share schemes. The transactions were executed through J.P. Morgan Securities plc at a volume weighted average price of £23.7589 per share. As a result of the buyback, Compass Group PLC’s total number of voting rights remains at 1,698,786,739 Ordinary Shares.

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

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