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Impellam Group PLC on Monday said it plans to continue its trading plan to buyback up to £500,000 in shares to reduce its share capital. The Luton, England-based staffing firm said the continuation of its buyback plan will begin immediately. It will, unless terminated at an earlier date, expire on the date of the company’s next annual general meeting, on June 27. It said that its broker Canaccord Genuity Ltd will buy back the shares. It will be able to buy back up to £500,000 in shares per month up to the date of the company’s next AGM. Shares in Impellam were down 0.8% to 723.90 pence each in London on Monday afternoon. Copyright 2023 Alliance News Ltd. All Rights Reserved
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