29 October 2024 - share buyback
The toys and games group has announced the details of a share buyback programme which is due to begin immediately. The company will spend up to £2m out of its own resources in these share purchases. The share price of the company has slipped back from 340p in the summer, a decline of 22%, and so the share purchase programme looks sensible at this level. We last commented on the shares at the beginning of October when the company issued a satisfactory trading update and we retain our recommendation of BUY.
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