REG - abrdn PLC - Share Repurchase Programme

AberdeenAnnouncement

09/12/2022 07:16

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RNS Number : 1427J  abrdn PLC  08 December 2022

abrdn plc ("the Company")

 

Share Repurchase Programme

 

 

The Company is pleased to confirm the completion of the second £150m phase of
its £300m share repurchase programme undertaken during 2022. Over the course
of this programme, c179m shares have been acquired.

 

The Company's capital resources are strong which will enable us to continue to
invest in the business, support the dividend policy and return capital to
shareholders. With our disciplined approach to allocating capital to deliver
shareholder returns, we will continue to return capital in excess of business
needs as further stake sales are realised.

 

9 December 2022

 

Enquiries:

 

 Institutional Equity Investors

 Catherine Nash                  +44 (0) 7798 518 657

 Media

 Andrea Ward                     +44 (0) 7876 178 696

 Group Secretariat

 Paul McKenna                    +44 (0) 7736 853 801

 

 LEI: OTMBS544NMO7GLCE7H90

 

 

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