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LDG Continues Share Buyback Efforts, Approaching AGM

LDG Continues Share Buyback Efforts, Approaching AGM

Logistics Development Group Plc (GB:LDG) has released an update.

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Logistics Development Group Plc (LDG) has announced an update on its ongoing Share Buyback program, revealing that it has purchased 36,896,823 ordinary shares to date and may acquire up to 112,352,944 shares in total. The company has been granted permission for its broker, Investec Bank plc, to buy shares beyond volume restrictions for the remainder of the program, which will conclude at LDG’s annual general meeting on May 9, 2024. Further announcements will follow regarding any additional share buyback purchases, with no certainty that the program will be fully executed or any particular number of shares will be bought back.

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

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