Shirebrook-based Frasers Group has launched a new share buyback programme.
The aggregate purchase price of all shares acquired under the programme will be no greater than £80m.
The maximum number of shares that may be purchased under the programme will be 10m ordinary shares.
Frasers Group says the purpose of the programme – for the period up to and including the last trading day prior to the company’s financial year end on 30 April 2023 – is to reduce the share capital of the company.
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