Firstgroup (GB:FGP) has released an update.
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FirstGroup plc has repurchased 312,265 of its own shares at an average price of 148.32 pence as part of its ongoing share buyback program. This move reduces the number of shares available in the market, potentially increasing the value of remaining shares. Investors may find this strategic buyback an encouraging sign of FirstGroup’s confidence in its financial health.
For further insights into GB:FGP stock, check out TipRanks’ Stock Analysis page.