Share Buyback Programme Update

Costain Group PLC
20 September 2024
 

 

 

20 September 2024

 

Costain Group PLC

On-market Share Buyback Programme of £10m - Completion of First Tranche
and Commencement of Second Tranche

 

 


Costain Group PLC ("Costain") announces that, in accordance with the terms of its on-market share buyback programme announced on 21 August 2024 (the "Buyback"), Panmure Liberum Limited completed the first tranche of £5m (excluding stamp duty and expenses) on 19 September 2024, with a total of 4,909,473 ordinary shares purchased for cancellation.  Accordingly, Investec Bank plc will now commence the second tranche of the Buyback of up to a maximum consideration of £5m (excluding stamp duty and expenses) with effect from today.  The second tranche of the Buyback will continue to be conducted as set out in our announcement of 21 August 2024.

 

 

 

Enquiries:

 


Investors and analysts

Paul Sharma, Costain

 

paul.sharma@costain.com

+44 (0) 7867 501188

Financial media - Headland

Andy Rivett-Carnac

Charlie Twigg

costain@headlandconsultancy.com

+44 (0) 7968 997365

+44 (0) 7946 494568

 

 

 

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