LDG Continues Share Buyback Efforts, Approaching AGM
Company Announcements

LDG Continues Share Buyback Efforts, Approaching AGM

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

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.

Related Articles
TipRanks UK Auto-Generated NewsdeskLogistics Development Group Shareholders’ Mixed Vote
TipRanks UK Auto-Generated NewsdeskLogistics Development Group Faces Shareholder Requisition
TipRanks UK Auto-Generated NewsdeskLogistics Development Group Reports Profit Surge
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App