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Apr 30, 1996

Buying-Back in Fashion

The share repurchase trend has been spreading to Europe and Asia

With the US parading share buy-backs on its corporate finance catwalk, Europe and Asia have been waking up to the latest fashion in shareholder value. Nowhere more so than in the UK where the financial media have been strutting their share repurchase stuff and, in some cases even imposing the new design on unwilling models. Take Imperial Chemical Industries (ICI) which announced its results at the end of February. Details of an 85 per cent increase in pre-tax profit and low gearing were released

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Richard Carpenter

Covering investor communications, sustainability and employee engagement, Richard Carpenter has worked with the likes of Aviva, Facebook, Alibaba, HSBC and the London Stock Exchange. Before joining Bladonmore, he was CEO of MerchantCantos, part of...
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