abrdn plc ("the Company")
Share Repurchase Programme
The Company is pleased to confirm the completion of the second £150m phase of its £300m share repurchase programme undertaken during 2022. Over the course of this programme, c179m shares have been acquired.
The Company's capital resources are strong which will enable us to continue to invest in the business, support the dividend policy and return capital to shareholders. With our disciplined approach to allocating capital to deliver shareholder returns, we will continue to return capital in excess of business needs as further stake sales are realised.
9 December 2022
Enquiries:
Institutional Equity Investors Catherine Nash
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+44 (0) 7798 518 657
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Media Andrea Ward |
+44 (0) 7876 178 696
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Group Secretariat Paul McKenna |
+44 (0) 7736 853 801
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LEI: OTMBS544NMO7GLCE7H90