Shirebrook-based Frasers Group is set to commence a new share buyback programme with Jefferies International Limited.
The aggregate purchase price of all shares acquired will be no greater than £80m.
The maximum number of shares that may be purchased will be 10,000,000 ordinary shares.
The purpose of the programme is to reduce the share capital of the company.
The shares repurchased by the company will be held in treasury pending cancellation or re-issue.
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