Experian plc Share repurchases (5544F)
18 May 2017 - 10:00PM
UK Regulatory
TIDMEXPN
RNS Number : 5544F
Experian plc
18 May 2017
Experian plc
Share repurchases
18 May 2017 - Experian plc, the global information services
company (the "Company"), hereby notifies the market that, as
announced earlier on 18 May 2017, the Company will repurchase
ordinary shares through a share repurchase programme, to be
undertaken from now up to 31 May 2018. The purpose of the programme
is to allocate surplus cash to reduce the capital of the Company,
in line with the Group's capital framework.
The maximum pecuniary amount allocated to the programme is
US$600,000,000 (which includes the amount required to complete the
previous repurchase programme) and the maximum number of ordinary
shares to be purchased under the programme is 50,000,000.
It is intended that the shares purchased by the Company under
the programme will be cancelled.
Any share repurchases by the Company will be effected in
accordance with the Company's general authority to purchase its own
shares and Chapter 12 of the UK Listing Authority's Listing
Rules.
Contact:
Experian
Deputy Company +353 (0) 1 846
Ronan Hanna Secretary 9128
About Experian
Experian is the world's leading global information services
company. During life's big moments - from buying a home or a car,
to sending a child to college, to growing a business by connecting
with new customers - we empower consumers and our clients to manage
their data with confidence. We help individuals to take financial
control and access financial services, businesses to make smarter
decisions and thrive, lenders to lend more responsibly, and
organisations to prevent identity fraud and crime.
We have 16,000 people operating across 37 countries and every
day we're investing in new technologies, talented people and
innovation to help all our clients maximize every opportunity. We
are listed on the London Stock Exchange (EXPN) and are a
constituent of the FTSE 100 Index.
Learn more at www.experianplc.com or visit our global content
hub at our global news blog for the latest news and insights from
the Group.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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