Australia's VGI Partners jumps most in 5 months on share buyback plan

Regal Partners Global Investments

19/12/2023 01:13

** Shares of VGI Partners Global Investments  VG1.AX  rise
as much as 2.5% to A$1.645, posting their biggest intraday pct
gain since July 18
    ** Investment co says it will commence on-market share
buyback for an undisclosed amount 
    ** About 82.6 mln fully paid ordinary shares to be bought
back, representing approximately 25% of co's issued share
capital as at Oct. 19  
    ** Stock hits its highest since Nov. 20 
    ** Stock up 13.8% this year, as of last close

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))