IN BRIEF: C&C starts new buyback as part of EUR150 million return plan

Alliance News

C&C Group PLC - Dublin-based beer, cider, wine, spirits and soft drinks maker and distributor - Starts EUR15 million share buyback on Thursday. The buyback will be run by brokers J&E Davy and be completed by September 1. C&C says the new buyback programme follows two worth EUR30 million in total that it has completed to date. The buybacks are part of C&C's plan to return EUR150 million in total to shareholders by means of dividends and share buybacks from 2025 to 2027.

Current stock price: 144.00 pence, up 4.7% in London on Thursday

12-month change: down 13%

By Tom Waite, Alliance News editor

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