Bond.az reports: CVS Group plc (LSE:CVSG) announced the start of a share buyback programme to purchase up to £50 million of its ordinary shares.
The veterinary services provider aims to return surplus capital to shareholders and reduce share capital. All repurchased shares will be cancelled.
CVS appointed Peel Hunt LLP and Joh. Berenberg, Gossler & Co. KG, London Branch as brokers, who will act as riskless principals and trade independently.
Purchases will occur on the London Stock Exchange and other venues, under shareholder authority granted on November 18, 2025, allowing up to 6,040,012 shares.
The buyback complies with FCA Listing Rules Chapter 9 and EU regulations. CVS will announce purchases within seven market sessions.
The programme is expected to conclude by November 24, 2026.
