RE: Strong AI tailwinds, cashflows taking off6 Jul 2023 23:02
Seems big sell on everything listed in the UK. Look at increasing discounts on UK listed investment trusts even when their assets are offshore. Perhaps UK investors selling up and moving into cash to get 4-5%?
Sure but previous RNS stated that mostly buy backs were to preserve capital position to take into account employee awards. If you look back you will find it but maybe that's changed......but this policy could be compatible with the RNS you quote. Purchase from employees says it all but if they purchase on open market then that would suggest a change in policy to that previously annunciated.