3i Group Ord (III.L), an investment company, on Thursday announced a share buyback programme of up to 750 million pounds.
The programme will commence on May 14 and is expected to be completed no later than December 31.
Shares repurchased under the programme will be cancelled to reduce the company's share capital.
Prior to the company's 2026 annual general meeting, the company can repurchase up to 97 million shares under existing shareholder approval until the earlier of September 25 or the 2026 AGM, after which renewed shareholder approval will be required to continue the programme.
On Wednesday, 3i Group is 0.88% higher at 2,421 on the London Stock Exchange.
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