Business

Mike Ashley’s Frasers starts a new 70 million stg share buyback

PHOTO FILE: Premier League - Tottenham Hotspur v Newcastle United
FILE PHOTO: Football – English Premier League – Tottenham Hotspur v Newcastle United – Tottenham Hotspur Stadium, London, England – September 27, 2020 Newcastle United owner Mike Ashley in the stands Pool via REUTERS/ Andrew Boyers

December 13, 2021

LONDON (Reuters) – British fashion and sportswear group Frasers plans to start a new share buyback program of up to £70 million ($92.6 million), it said on Thursday. Two.

The group, formerly known as Sports Direct and controlled by Mike Ashley, says the show will run until April 2022.

Ashley owns about 66% of the company’s equity.

(1 dollar = 0.7560 pounds)

(Reporting by James Davey; editing by Jason Neely)

https://www.oann.com/mike-ashleys-frasers-starts-new-70-million-stg-share-buyback/?utm_source=rss&utm_medium=rss&utm_campaign=mike-ashleys-frasers-starts-new-70-million-stg-share-buyback Mike Ashley’s Frasers starts a new 70 million stg share buyback

Bobby Allyn

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