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193.60 1.00 (0.52%)

Bid:

193.00

Ask:

193.60

Spread: 0.60 (0.311%)

Market Cap: £517.06m

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Share Buyback Programme Update

20 Sep 2024 07:05

RNS Number : 9582E

Costain Group PLC

20 September 2024

Costain Group PLC

On-market Share Buyback Programme of £10m - Completion of First Trancheand Commencement of Second Tranche

Costain Group PLC ("Costain") announces that, in accordance with the terms of its on-market share buyback programme announced on 21 August 2024 (the "Buyback"), Panmure Liberum Limited completed the first tranche of £5m (excluding stamp duty and expenses) on 19 September 2024, with a total of 4,909,473 ordinary shares purchased for cancellation. Accordingly, Investec Bank plc will now commence the second tranche of the Buyback of up to a maximum consideration of £5m (excluding stamp duty and expenses) with effect from today. The second tranche of the Buyback will continue to be conducted as set out in our announcement of 21 August 2024.

Enquiries:

Investors and analysts

Paul Sharma, Costain

paul.sharma@costain.com

+44 (0) 7867 501188

Financial media - Headland

Andy Rivett-Carnac

Charlie Twigg

costain@headlandconsultancy.com

+44 (0) 7968 997365

+44 (0) 7946 494568

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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Date		Source	Headline
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15th Oct 2019	8:01 am	RNS	2019 Interim Dividend - Scrip Alternative

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