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Foxtons Group PLC - London-based estate agency - Announces £3 million share buyback, funded from the company's accumulated cash resources. Company appoints Numis Securities Ltd as its broker to manage the programme. ‘We have a good pipeline of further lettings portfolio acquisitions in the wider London area and expect to invest £8 million in such acquisitions during 2022 to generate attractive returns for investors,’ Foxtons says.
Current stock price: 32.65, up 4.2% in London
12-month change: down 45%
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