Compass (GB:CPG) has released an update.
Compass Group PLC has announced the buyback of 50,725 of its own shares on October 2, 2024, as part of a $500 million share repurchase program aimed at fulfilling obligations from employee share schemes. The shares were acquired through J.P. Morgan Securities plc, with the program reaching its second stage following an initial announcement on November 20, 2023. This latest transaction leaves Compass Group with 88,045,138 shares held in treasury and a total of 1,697,358,839 shares in issue, maintaining the total voting rights in the company.
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