Wood Group says the cheque is (almost) in the post

Wood Group said that holders of its B shares who had their holdings bought back by the company at 140p a share should be receiving funds from the transaction in the next week or two.

Wood Group said that holders of its B shares who had their holdings bought back by the company at 140p a share should be receiving funds from the transaction in the next week or two.

The buy-back was part of the oilfield services group scheme to return £665m of cash to shareholders, announced in June of last year.

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