Completion of Share Buyback Programme
25 August 2023
Greencore Group plc, ("Greencore" or the "Company") is pleased to announce the completion of its £10 million share buyback programme that commenced on 30 May 2023.
On 24 May 2022, the Company announced its intention to recommence value return of up to £50 million over the following two years consistent with the Group's capital management policy. The completion of this buyback means that the Company has now returned £35 million to shareholders via share buyback since then.
Between 30 May 2023 and 24 August 2023, 12,068,961 million ordinary shares in the Company were repurchased on the London Stock Exchange for cancellation at a weighted average price of £0.8285 per share. This represented 2.436% of the issued share capital of the Company (excluding any shares held in treasury, of which there are none) when the programme commenced.
For further information, please contact:
Damien Moynagh
Group General Counsel & Company Secretary
Greencore Group plc
No. 2 Northwood Avenue
Northwood Business Park
Santry
Dublin 9
D09 X5N9
Tel: +353 (0)1 605 1000