Firstgroup (GB:FGP) has released an update.
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FirstGroup plc has successfully executed a share buyback program, acquiring 305,690 ordinary shares at a weighted average price of 151.81 pence per share. This transaction, conducted through RBC Europe Limited, enhances FirstGroup’s financial flexibility, with the purchased shares held as treasury shares for potential future cancellation. Investors may find this move indicative of the company’s confidence in its financial health and prospects.
For further insights into GB:FGP stock, check out TipRanks’ Stock Analysis page.