on Fullers Smith & Turner PLC (isin : GB00B1YPC344)
Fuller, Smith & Turner PLC Initiates Share Buyback Programme
Fuller, Smith & Turner PLC has launched a new share buyback programme. Following its recent financial results and completion of a prior buyback, the company will repurchase up to 1 million "A" Ordinary Shares. Deutsche Bank AG, London Branch, and Investec PLC are involved in executing this operation. This aligns with Fuller’s strategy for sustainable growth and shareholder value.
The buybacks will comply with London Stock Exchange rules but might surpass 25% of the average daily trading volume. Consequently, they will not receive the regulatory exemption normally applicable. In a related plan, market notifications will shift from a daily to a weekly basis following FCA guidelines.
R. P.
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