share buyback

3 results

Greencore proposed the return of value to shareholders after selling out of its US business for $1.075 billion  to American rival Hearthside Foods in a surprise move last year. Photograph: Cyril Byrne

I was wondering if there will be a special dividend to those people who didn’t participate in the Greencore tender offer. Regards Mr D.L., email I (...)

Greencore chief executive Patrick Coveney at the company’s agm. Photograph: Cyril Byrne

The share buyback offer of sandwich group Greencore has been oversubscribed, with shareholders taking up the full £509 million (€567m) on offer. Howev(...)

Greencore: The share buyback  means you either sell out some or all of your interest, or give up the chance to benefit from the return of capital following the company’s sale of its US operations. Photograph: Cyril Byrne

It is most peculiar that a company like Greencore decides to return the surplus on a deal to shareholders and then ends up only passing it on to those(...)