Frasers Group To Buy Back £35M In Shares

By Humberto J. Rocha (June 20, 2022, 2:42 PM BST) -- Britain's largest sports retailer said on Monday that it will buy back up to £35 million ($43 million) of its shares as part of its plan to shrink the company's share capital.

Frasers Group PLC, the owner of the Sports Direct and department store chain House of Fraser, said the maximum number of shares that can be bought under the closed period beginning Monday will be five million. The total value can be no greater than £35 million, the retailer said.

The retailer's shares were trading at 627 pence on the London Stock Exchange at opening on Monday, up 3.5% from...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!