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IN BRIEF: Retailer Frasers launches £70 million share buyback

ALN

Frasers Group PLC - Shirebrook, England-based owner of Sports Direct, Flannels and Frasers retail chains - Starts share buyback worth up to £70.0 million on Monday. The buyback of up to 10.0 million shares will be run by Barclays Bank PLC and will be completed by April 24. All repurchases shares will be held in treasury.

Current stock price: 683.29 pence, up 8.6% in London on Monday

12-month change: up 12%

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