Update to Share Buyback Programme

Summary by AI BETAClose X

Young's Brewery has reviewed its share buyback programme, which aims to purchase up to £10 million in shares, and has so far acquired 190,314 shares for approximately £1.1 million. Due to limited liquidity, the company has agreed with its brokers to allow the programme to exceed 25 per cent but remain below 50 per cent of the average daily trading volume on any given day, which may mean the programme will not benefit from certain exemptions under UK MAR. No other changes have been made to the programme's terms.

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