on Britvic Plc (isin : GB00B0N8QD54)
Britvic Announces Share Repurchase Programme
Britvic plc has launched a share repurchase programme. This initiative involves the repurchase of Britvic’s ordinary shares, each valued at 20p, with a maximum budget of £75 million.
The company has contracted Morgan Stanley & Co. International Plc to execute the purchases. Acting as a riskless principal, Morgan Stanley will manage the repurchases from 3 June 2024, with the programme expected to conclude by 28 February 2025. The total number of shares to be bought back will not exceed 24,954,864.
Britvic intends to cancel the shares acquired under this programme, as permitted by law.
For media inquiries, investors can contact Steve Nightingale, Director of Investor Relations, at +44 (0) 7808 097 784. Media contacts include Stephanie Macduff-Duncan, Head of Corporate Communications, and Stephen Malthouse at Headland.
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