IN BRIEF: Forterra commences up to GBP20 million buyback programme

Forterra PLC - Northampton, England-based clay and concrete product manufacturer - Launches buyback programme worth up to GBP20 million, initially announced as part of its full-year results on Wednesday last week. Says broker Investec Bank PLC has been instructed to execute the first GBP10 million tranche of the scheme. Notes a second tranche will begin after the first, with it expected to end no later than December 31 this year.

Current stock price: 161.80 pence, up 1.5% on Monday morning in London

12-month change: down 0.1%

By Christopher Ward, Alliance News reporter

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