Firstgroup plc (GB:FGP) has released an update.
FirstGroup plc has actively engaged in a share buyback program, purchasing 108,302 of its own ordinary shares at an average price of 169.30 pence per share. Post transaction, the company now holds over 113 million shares in treasury, with the total number of outstanding shares, excluding those in treasury, at approximately 637 million. The buyback reflects FirstGroup’s ongoing capital management strategy and may potentially influence shareholder value.
For further insights into GB:FGP stock, check out TipRanks’ Stock Analysis page.