Company Announcements

Share Repurchase Programme

Source: RNS
RNS Number : 1427J
abrdn PLC
08 December 2022
 

abrdn plc ("the Company")

  

Share Repurchase Programme 

 

  

The Company is pleased to confirm the completion of the second £150m phase of its £300m share repurchase programme undertaken during 2022. Over the course of this programme, c179m shares have been acquired.

 

The Company's capital resources are strong which will enable us to continue to invest in the business, support the dividend policy and return capital to shareholders. With our disciplined approach to allocating capital to deliver shareholder returns, we will continue to return capital in excess of business needs as further stake sales are realised.

 

9 December 2022

 

Enquiries:

 

Institutional Equity Investors

Catherine Nash

 

 

+44 (0) 7798 518 657

 

Media

Andrea Ward 

 

+44 (0) 7876 178 696

 

Group Secretariat

Paul McKenna

 

+44 (0) 7736 853 801

 

 

 LEI: OTMBS544NMO7GLCE7H90

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSDDBDDSGGDGDI