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Senior PLC - Hertfordshire, England-based maker of components and systems for aerospace and defence, land vehicle, and power and energy customers - Prepares to start £40 million share buyback programme as it completes the sale of its Aerostructures business to Sullivan Street Partners. The disposal of the division to the London-based mid-market buyout firm was first announced back in July. Senior will receive an initial £150 million consideration, with the remaining £50 million expected in the first half of 2026, depending on the 2025 earnings performance of Aerostructures. Senior says it will use the initial cash proceeds to reduce debt and to fund the share buyback. This is expected to start following the release of the company’s annual results on March 2. Current stock price: 195.20 pence, up 0.7% in London on Wednesday for £812.0 million market capitalisation 12-month change: up 22% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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