Compass (GB:CPG) has released an update.
Compass Group PLC has repurchased 59,139 of its own shares as part of a $250 million share buyback program, with the shares to be held in treasury for future employee share schemes. This buyback is the final stage of a larger $500 million initiative, signaling the company’s commitment to returning value to shareholders. Following this transaction, Compass holds over 89 million shares in treasury, reflecting a strategic move to manage its equity and enhance shareholder value.
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