Transaction in Own Shares • Dec 23, 2022
Transaction in Own Shares
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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
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