Restore PLC - London-based business-to-business provider of data and communications services - Commences the up to GBP20 million buyback programme announced alongside its annual results on Thursday. Says any shares repurchased will be cancelled. Restore has engaged Investec Bank PLC to execute the first GBP10 million tranche, commencing with immediate effect, and Canaccord Genuity Ltd for the remaining GBP10 million. It expects the second tranche to end no later than March 31, 2027.
Current stock price: 251.50 pence
12-month change: up 8.9%
By Emma Curzon, Alliance News reporter
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