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Compass Group PLC - FTSE 100 Chertsey, England-based catering and food service provider - Announces deal inked on Friday with BNP Paribas Arbitrage SNC to enable buyback of shares worth up to $250 million, or £197.3 million, between Monday and May 8, 2024. Says ’H1 Buyback’ is the initial stage of its $500 million buyback, which Compass announced alongside its full-year results on November 20. Company is currently authorised to repurchase up to 139.6 million shares pursuant to the H1 Buyback. Current stock price: 2,035.00 pence, up 0.4% on Monday morning in London 12-month change: up 7.3% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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