LONDON (Alliance News) - Marks and Spencer Group PLC said Friday that it will begin a share repurchase programme to buy back shares up to a maximum consideration of GBP20.22 million.
The company has entered into an agreement with Citigroup Global Markets Ltd to enable the purchase of shares from next Monday to no later than March 24, 2016.
Shares in Marks and Spencer closed down 0.8% at 497.25 pence Friday.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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