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Micro Focus Initiates Share Buy-back Of Up To $200 Mln - Quick Facts

Micro Focus International plc (MCRO.L, MFGP), a software product group, Wednesday announced the commencement of a new share buy-back program with an initial tranche of up to $200 million.

The company has entered into an agreement with Citigroup Global Markets Limited to conduct the program, pursuant to instructions to Citi to make trading decisions independently of the Company.

These instructions will commence on July 17 and will end no later than close of dealings in London on October 23.

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