LSL Property Services Announces Share Buyback
Why we think this is neutral
This RNS announcement is a routine update on the company's share buyback program, which does not provide any significant new information about the company's financial performance or operations. As such, the sentiment is considered neutral.
Key Points
- LSL Property Services has purchased 15,000 of its own shares
- Shares were bought at an average price of GBp 284.4825 per share
- Repurchased shares will be held in treasury
- Company now holds 1,853,761 of its ordinary shares in treasury
Summary
The property services firm has purchased 15,000 of its own shares as part of an ongoing buyback program.
LSL Property Services plc has announced that it has purchased 15,000 of its own ordinary shares on the London Stock Exchange as part of its existing share buyback program. The shares were purchased at an average price of GBp 284.4825 per share. The repurchased shares will be held in treasury, and the company now holds 1,853,761 of its ordinary shares in treasury, with 103,305,189 ordinary shares in issue (excluding treasury shares).
GENERAL UPDATE