Completion of Share Buyback Programme

Summary by AI BETAClose X

Frontier Developments plc has completed its share buyback programme, acquiring 1,429,327 ordinary shares for £5,324,411 at an average price of 372.51 pence per share. This brings the total investment in share buybacks for the financial year to £15.4 million, resulting in a 10% reduction in total voting rights. The company now has 35,530,681 ordinary shares carrying voting rights. This action reflects Frontier's strong cash generation, financial position, and the Board's confidence in its creative management simulation strategy and future prospects.

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