OSB Group said it intends to commence on 14 March 2025, a share repurchase programme to return up to 100 million pounds to shareholders. The share repurchase programme aligns with the Group's stated commitment to return excess capital to its shareholders. The share repurchase programme is expected to complete no later than 10 March 2026.
The company has entered into a non-discretionary agreement with Citigroup Global Markets Limited to undertake the share repurchase programme on its behalf by making market purchases, as riskless principal, of the ordinary shares of one pence each on the London Stock Exchange or another recognised investment exchange. Citi shall make trading decisions under the Programme independently of the company.
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