Completion of Share Buyback Programme
07 October 2022
Greencore Group plc, ("Greencore" or the "Company") is pleased to announce that it has completed its £10 million share buyback programme that commenced on 26 July 2022.
On 24 May 2022, the Company announced its intention to recommence value return of up to £50 million over the following two years, initially in the form of the £10 million share buyback programme and consistent with the Group's capital management policy. A further update on value return will be made in due course.
Between 26 July and 06 October 2022, 11,395,515 million ordinary shares in the Company were repurchased on the London Stock Exchange for cancellation at a weighted average price of £0.8773 per share. This represented 2.16% of the issued share capital of the Company (excluding any treasury shares, of which there are none) when the programme commenced.
For further information, please contact:
Emma Hynes
Chief Financial Officer & Interim Group Company Secretary
Greencore Group plc
No. 2 Northwood Avenue
Northwood Business Park
Santry
Dublin 9
D09 X5N9
Tel: +353 (0)1 486 3307