High Street

Frasers Group to launch £60m share buyback scheme

The group said that the buyback programme has been introduced to ‘reduce the share capital of the company’

Mike Ashley’s Frasers Group has announced that it is set to commence a £60m shares buyback scheme commencing today (4 May 2021).

Lasting until the end of the group’s financial year on 25 April 2021, the programme will see up to 10 million ordinary shares purchased at an aggregate price of no greater than £60m.

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