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FRAS Frasers News Story

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Consumer CyclicalsBalancedLarge CapNeutral

UK's Frasers rises on share buyback

** Shares of British sportswear and fashion retailer Frasers FRAS.L up 7.9% at 679.5 pence

** Stock on track for its biggest one-day pct gain since July 2024

** Co enters an arrangement with Barclays, under which Barclays to purchase up to 10 mln ordinary shares in FRAS on co's behalf

** FRAS says aggregate purchase price under arrangement will not exceed 70 million pounds ($93.72 million)

** Stock up ~12% YTD

($1 = 0.7469 pounds)

 (Reporting by Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com))

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