Completion of Buyback Programme
Staffline Group plc has completed Tranche 2 of its buyback programme, repurchasing 5,840,998 ordinary shares for cancellation at an average price of 45.49 pence per share, for a total consideration of £2,656,906. This concludes the buyback, which had a maximum aggregate consideration of £7.5 million.
Select text to share a quote on X · sign in to keep highlights & notes in your STAF notes
On 22 May 2025, Staffline Group plc announced the commencement of Tranche 2 of its Buyback programme, which was originally announced on 25 February 2025, for up to 12,440,000 Ordinary Shares or a maximum consideration of £2,656,906, being the balance remaining of the aggregate Buyback consideration of £7.5 million, whichever is met first.
The Group confirms that Tranche 2 of the Buyback is now complete, with the Group having repurchased 5,840,998 ordinary shares for cancellation for a total consideration of £2,656,906. The average price of shares bought back under Tranche 2 was 45.49 pence per share.
Recruitment GB
The Recruitment GB business is a leading provider of flexible blue-collar workers, supplying up to c.35,000 staff per day on average from around 400 sites, across a wide range of industries including supermarkets, drinks, driving, food processing, logistics and manufacturing.
Recruitment Ireland
The Recruitment Ireland business is a leading end to end solutions provider operating across multiple industries, ten branch locations and ten onsite customer locations, supplying c.4,500 staff per day on average, and offering RPO, MSP, temporary and permanent solutions across public and private sectors throughout the island of Ireland.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.