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McBride PLC - Manchester, England-based private-label products manufacturer - Starts on Monday the £20 million share buyback it announced late last month. McBride says a £10 million first tranche of the buyback will be completed by April 30. The first half of the tranche will be run by Investec Bank PLC and the second by Peel Hunt LLP. Up to 8.7 million shares will be purchased, and all of these will be cancelled. McBride notes that its interim results on February 24 will include a strategy update that will set out the company’s capital needs in the coming years and provide a view on its future capital allocation. Current stock price: 126.00 pence, up 1.8% in London on Monday for £244.9 million market capitalisation 12-month change: up 16% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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