Whitbread (GB:WTB) has released an update.
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Whitbread PLC has announced a £100 million share buyback program to reduce its capital and enhance earnings per share. The program, executed by J.P. Morgan Securities, aims to repurchase up to 16.48 million ordinary shares, and will be conducted in compliance with UK market regulations. This move is expected to benefit shareholders by potentially increasing the value of remaining shares.
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