AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

FOXTONS GROUP PLC

Transaction in Own Shares Dec 23, 2022

5323_rns_2022-12-23_eba37ebf-d3d7-4fa4-af9c-774b2b6b91f8.html

Transaction in Own Shares

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

RNS Number : 6886K

Foxtons Group PLC

23 December 2022

FOXTONS GROUP PLC (the "Company" or "Foxtons")

SHARE BUYBACK PROGRAMME - MANAGEMENT OF THE PROGRAMME WITHIN THE CLOSED PERIOD

23 December 2022

Foxtons Group plc (LSE: FOXT), London's leading estate agency, today issues an update on the share buyback programme to return excess capital to shareholders.

Share buyback programme

Foxtons Group plc refers to the announcement published on 2 November 2022, in which the Company confirmed the launch of a share buyback programme (the "Programme") of up to £3 million, in line with the Company's policy of returning excess cash to shareholders.

The Group has today issued an irrevocable instruction to Numis Securities Limited to continue to manage the Programme, within pre-set parameters, during the closed period ahead of the publication of the Group's Full Year results in 2023.

To date, the Programme has seen 5,627,162 shares purchased, at a total value of £1.8m.

For further details on the Programme, please refer to the announcement issued on 2 November 2022.

For further information, please contact:

Foxtons Group plc

Chris Hough, Chief Financial Officer

Muhammad Patel, Investor Relations

+44 20 7893 6261

[email protected]

-END-

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 [email protected] 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

POSTTBPTMTMTBLT

Talk to a Data Expert

Have a question? We'll get back to you promptly.