Experian plc Share repurchase programme (9905O)
October 07 2019 - 4:58AM
UK Regulatory
TIDMEXPN
RNS Number : 9905O
Experian plc
07 October 2019
Experian plc
Share repurchase programme
7 October 2019 - Experian plc (the "Company"), the global
information services company, hereby notifies the market that, in
continuation of the US$400 million share repurchase programme
announced by the Company on 15 May 2019, it has entered into an
irrevocable and non-discretionary arrangement with its broker, J.P.
Morgan Securities plc, to purchase on its behalf and within certain
pre-set parameters, ordinary shares of 10 US cents each in the
Company in the period from 7 October 2019 up to and including 11
November 2019. The Company's Half-yearly financial report is
scheduled for release on 12 November 2019.
The shares purchased will be cancelled.
This arrangement is in accordance with Chapter 12 of the UK
Listing Authority Listing Rules and the Company's general authority
to repurchase shares conferred by the Company's shareholders at the
Company's annual general meeting held on 24 July 2019. The purpose
of the share repurchase programme is to continue to allocate
surplus cash to reduce the capital of the Company, in line with the
Group's capital framework.
Contact:
Experian
Ronan Hanna Deputy Company Secretary +353 (0) 1 846 9128
About Experian
Experian is the world's leading global information services
company. During life's big moments - from buying a home or a car,
to sending a child to college, to growing a business by connecting
with new customers - we empower consumers and our clients to manage
their data with confidence. We help individuals to take financial
control and access financial services, businesses to make smarter
decisions and thrive, lenders to lend more responsibly, and
organisations to prevent identity fraud and crime.
We have 17,200 people operating across 44 countries and every
day we're investing in new technologies, talented people and
innovation to help all our clients maximise every opportunity. We
are listed on the London Stock Exchange (EXPN) and are a
constituent of the FTSE 100 Index.
Learn more at www.experianplc.com or visit our global content
hub at our global news blog for the latest news and insights from
the Group.
Neither the content of the Company's website, nor the content of
any website accessible from hyperlinks on the Company's website (or
any other website), is incorporated into, or forms part of, this
announcement.
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.
END
POSUGGQAUUPBUBM
(END) Dow Jones Newswires
October 07, 2019 05:58 ET (09:58 GMT)
Experian (LSE:EXPN)
Historical Stock Chart
From Apr 2024 to May 2024
Experian (LSE:EXPN)
Historical Stock Chart
From May 2023 to May 2024