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Costain Completes First Share Buyback Tranche

Costain Completes First Share Buyback Tranche

Costain (GB:COST) has released an update.

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Costain Group PLC has successfully completed the first tranche of its £10 million on-market share buyback programme, with Panmure Liberum Limited purchasing 4,909,473 shares for cancellation. The second tranche, also valued at up to £5 million, is commencing under the guidance of Investec Bank plc, continuing the company’s strategic effort to enhance shareholder value.

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

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