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IN BRIEF: Softcat to buy back up to £45 million in shares by June 30

ALN

Softcat PLC - Buckinghamshire, England-based provider of IT infrastructure products - Starts share buyback worth up to £45 million on Thursday. The buyback will be run by JP Morgan Securities PLC and is expected to be completed during the first half of 2026. Softcat says the buyback ‘reflects the board’s continued confidence in Softcat’s long-term prospects’ and the company’s strong cash generation. The repurchased shares will be cancelled.

Current stock price: 1,459.28 pence, up 4.2% in London on Thursday for £2.92 billion market capitalisation

12-month change: down 0.8%

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