Greencore Group PLC Completion of Share Buyback
23 February 2024 - 6:01PM
RNS Regulatory News
RNS Number : 1846E
Greencore Group PLC
23 February 2024
Completion of Share Buyback
Programme
23
February 2024
Greencore Group plc, ('Greencore' or
the 'Company') is pleased
to announce the completion of its £15 million share buyback
programme ('Programme')
that commenced on 10 October
2023.
Between 10 October 2023 and 22
February 2024, 15,438,604 ordinary shares in the Company were
repurchased on the London Stock Exchange for cancellation at a
weighted average price of £0.9716 per share. This represented
3.193% of the issued share capital of the Company (excluding any
shares held in treasury, of which there are none) when the
Programme commenced.
On 24 May 2022, the Company announced
its intention to recommence value return of up to £50 million over
the following two years consistent with the Group's capital
management policy. Following the completion of the Programme
the Company has now returned £50 million to
shareholders via share buyback which marks the end of this value
return.
For further information, please
contact:
Damien Moynagh
Group
General Counsel & Company Secretary
Greencore Group plc
Fourth Floor,
Block Two,
Dublin Airport Central,
Dublin Airport,
Co Dublin
K67 E2H3
Tel: +353 (0)1 605 1000
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