Beauty Tech Group starts rolling buyback of up to GBP18.85 million
Source publication date
Site published
LSE:TBTG announced a non-discretionary agreement with Berenberg to buy up to 16,306,738 shares or approximately GBP18.85 million, whichever is lower, from October 13. Purchased shares are intended for cancellation.
Not fundraising, M&A or an IPO. This continues the prior GBP20 million overall programme and is not a completed purchase of the full amount. Original GBP amounts; no conversion.
Summary
LSE:TBTG announced a non-discretionary agreement with Berenberg to buy up to 16,306,738 shares or approximately GBP18.85 million, whichever is lower, from October 13. Purchased shares are intended for cancellation.
Editorial view
Editorial view: track growth investment and capital returns together at the owner of CurrentBody Skin, ZIIP Beauty and Tria Laser.
Evidence and limitations
Not fundraising, M&A or an IPO. This continues the prior GBP20 million overall programme and is not a completed purchase of the full amount. Original GBP amounts; no conversion.