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MP Evans Group PLC - Tunbridge Wells, England-based and Indonesia-focused palm oil production company - Recommences its share buyback programme, after shareholders grant renewed authority at its annual general meeting last Friday. Says the next phase will have a budget of up to £3 million, and starts with immediate effect. It will continue over the next three months until September 15, when MP Evans’ board will consider a further extension. Cavendish Capital Markets Ltd has agreed to repurchase the shares on its behalf. ‘The board believes the group is well-positioned, supported by strong operational cash generation and a robust balance sheet,’ MP Evans says. ‘This provides an opportunity to repurchase shares at advantageous levels, as part of its overall approach to capital allocation, which will focus on long-term value creation for shareholders.’ Current stock price: 1,570.00 pence 12-month change: up 45% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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