C&C announces share buybacks

Drinks group C&C has announced details of three separate share buybacks this week.

C&C announces share buybacks

Last Tuesday, the group — which makes Bulmers and Magners cider — purchased 300,000 shares at €11.57 each, while it bought a further 300,000 on Wednesday at a price of €11.67.

The company plans to return €300 million to shareholders in the form of share buybacks.

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