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LONDON - Recruitment firm Hays plc announced Wednesday it will repurchase up to 2 million ordinary shares worth up to £2 million to ensure sufficient treasury shares for employee share plans.
The Treasury Share Purchase Programme will commence on October 23, 2025, and conclude by December 31, 2025. UBS AG London Branch will conduct the buyback on Hays’ behalf during open periods.
The company currently has authority to purchase up to 158,712,990 shares under approval received at its November 2024 Annual General Meeting. Hays will seek shareholder approval for additional share buybacks of up to 10% of its issued capital at its upcoming Annual General Meeting scheduled for November 19, 2025.
The buyback program will be conducted in accordance with UK market regulations, including the assimilated UK Market Abuse Regulation and the UK Financial Conduct Authority’s Listing Rules.
Shares purchased through this program will be held in treasury specifically to satisfy the company’s employee share plans, according to the press release statement.
Hays plc is listed on the London Stock Exchange.
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