IN BRIEF: Hays to commence up to GBP2 million buyback programme

Hays PLC - London-based staffing firm - Reports repurchase programme of up to 2.0 million shares, worth up to GBP2.0 million aggregate consideration. Says UBS has been hired to conduct the buyback on behalf of the company during open periods. Notes repurchased shares will be held in the treasury "to ensure that the company has sufficient treasury shares to satisfy its employee share plans." Says the scheme is due to commence on Thursday this week, with it set to conclude on or before December 31 this year.

Current stock price: 59.25 pence, up 0.6% on Wednesday afternoon in London

12-month change: down 27%

By Christopher Ward, Alliance News reporter

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