8 June 2022 - share buyback
Following the recent announcement of the disposal of Ergotron, the company is holding a Capital Markets day today covering GKN Aerospace which will demonstrate the strong potential of the business. This is clearly better than previously expected, and taking the strong financial position at the group into account the company has therefore announced a share buyback programme which will see up to 437.2m shares bought back. The total consideration for the purchases will be £500m and this will commence on 9 June. The shares have risen on the back of the recent announcements but . . .
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