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An announcement from Compass ( (GB:CPG) ) is now available.
Compass Group PLC has executed a purchase of 60,388 ordinary shares as part of its ongoing share buyback program. This transaction, conducted through J.P. Morgan Securities plc, marks the completion of the second phase of a $500 million buyback initiative begun in November 2023, and the purchased shares will be held in treasury for future employee schemes. The company now holds over 87 million shares in treasury, impacting shareholder voting rights and demonstrating a strategic approach to capital allocation.
More about Compass
YTD Price Performance: 28.38%
Average Trading Volume: 3,112,324
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £45.82B
See more data about CPG stock on TipRanks’ Stock Analysis page.
