(Alliance News) - FTSE 100-listed WPP PLC on Thursday said it has agreed with Goldman Sachs International to repurchase up to GBP300 million of its shares.
The advertising company said the share buyback programme will take place between Thursday and March 18 next year. The purpose of this programme is to reduce the share capital of WPP, it said.
London-headquartered WPP shares were trading 0.7% higher in London on Thursday morning at 966.60 pence each.
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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