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IN BRIEF: LSL Property Services starts £7 million share buyback

ALN

LSL Property Services PLC - Newcastle Upon Tyne, England-based provider of services to mortgage intermediaries and franchised estate agencies - Begins share buyback worth up to £7 million. The programme will be run by Numis Securities Ltd, part of Deutsche Bank AG, and will run to the end of April 2025 at the latest. LSL Property Services last week released its 2023 results, showing a swing to pretax profit, despite a 34% decline in revenue, due to lower exceptional costs.

Current stock price: 301.00 pence

12-month change: up 11%

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