Update on Share Buyback Programme

Summary by AI BETAClose X

Hill & Smith PLC has completed the first £50 million tranche of its £100 million share buyback programme, repurchasing and cancelling 2,141,741 ordinary shares. The company has now engaged Jefferies International Limited to execute the second tranche, also valued at up to £50 million. Additionally, Hill & Smith will utilize the FCA's updated notification deadline, allowing post-trade notifications of share purchases to be made up to seven daily market sessions after execution, with the programme's terms otherwise remaining unchanged.

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