|
Bytes Technology Group PLC - Surrey, England-based computer software company - Launches a share buyback programme worth up to £25 million. ‘After considering the company’s strong balance sheet position and prevailing share price, the board believes that it would be beneficial to return capital to shareholders through a share repurchase,’ says the company. The programme will be run by Numis Securities Ltd and Peel Hunt LLP, with them set to purchase two equal tranches of up to £12.5 million each. Bytes Technology expects the programme to be completed in the second half of the year. Current stock price: 388.48 pence, up 7.5% on Friday morning in London 12-month change: down 20% Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
