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IN BRIEF: Begbies Traynor launches £1.5 million share buyback

ALN

Begbies Traynor Group PLC - Manchester, England-based consultancy that provides recovery, financial advisory and property services - Starts share buyback programme worth up to £1.5 million on Monday. The buyback will be run by broker Canaccord Genuity Ltd and be completed by the end of February. The repurchased shares will be used to meet exercises of convertible debt instruments into equity. It will be financed from existing cash resources.

Current stock price: 91.29 pence

12-month change: down 18%

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