Wednesday
13 December 2017
ADVERTS

British Land AGM announces £300M share buy-back

18 July 17 - RE+D Magazine
British Land AGM announces £300M share buy-back

COMPANIES

ETAD.A.E.

Public entity - GREECE

Savills

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

IBI Group

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
Against a backdrop of continuing strong demand in its investment markets, British Land announced earlier today that it intends to allocate up to £300 million of capital to a share buy-back during the current financial year, according to the company’s official press release.

 

The company’s Board regularly reviews capital allocation to optimise long-term returns for shareholders.

Since the year end, the Company has continued to sell into a strong investment market.

However, currently, opportunities to purchase at attractive returns are more limited, and investment in the Company’s shares at the prevailing discount offers better value than further asset acquisitions.

Comments

You must be logged in to make a comment
WAVE MEDIA OPERATIONS IKE © 2001-2017
Internet Business Hellas