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IN BRIEF: Canal+ starts £18.7 million share buyback for share awards

ALN

Canal+ SA - Paris-based subscription television and video streaming - Will start on Tuesday a share buyback programme worth up to £18.7 million. The buyback will be run by broker Natixis and will be completed by the end of August. The shares repurchased will be used to satisfy share awards to employees and corporate officers under Canal+’s incentive plans.

Current stock price: 228.00 pence

12-month change: down 22% from 290p listing price in London in December

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