Firstgroup plc (GB:FGP) has released an update.
FirstGroup plc has actively purchased 241,432 of its own ordinary shares at an average price of 170.11 pence per share, as part of its share buyback program announced in June 2023. Following the transaction, the company now holds over 116 million shares in treasury, with the total number of shares in issue (excluding treasury shares) being approximately 634.6 million. The buyback reflects the company’s capital allocation strategy and may lead to future cancellation of the treasury shares.
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