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Mission Group PLC - Devon, England based owner of a group of digital marketing and communications agencies - Seals the sale of its April Six Inc subsidiary to Marketbridge Inc for a total of £17.4 million. The net proceeds will go towards paying off debt. Notes net bank debt at December 30 was £17.0 million. Including the £10.5 million proceeds, pro forma net bank falls to £6.5 million. Mission also announces a £1.5 million share buyback programme. It also updates on its capital allocation policy. Maintaining a ‘strong balance sheet’ is the priority, then investing in growth and then any surplus cashflow can be returned to investors. ‘The board expects to return to paying ordinary dividends in 2026,’ Mission Group adds. Current stock price: 26.20 pence, up 9.2% on Thursday 12-month change: up 19% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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