Investment company BlueCrest AllBlue Fund has appointed an agent to conduct share buy-backs on behalf of the company in accordance with the authority granted to the company at last year's annual general meeting.
The agent may, at its discretion, buy back shares in the market provided the price paid is not more than 5% higher than the average closing price of the shares in the five trading days proceeding the purchase.
JH
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Cash in on the growth prospects of Europe's companiesOpinion Marcel Stötzel, co-portfolio manager of the Fidelity European Trust, selects three stocks
-
Is the AI boom another dotcom bubble?25 years on from the dotcom bubble bursting, is it time for investors to consider the sustainability of the AI boom in the stock market?
