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Sparks commentary - Foxtons Group

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Sparks - Foxtons Group

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Foxtons Group (LSE: FOXT) – New £3m share buyback announced
Published by Andy Murphy

Foxtons Group announced a £3m share buyback programme today, having considered factors such as EPS accretion, borrowing capacity and leverage. The company also contemplated the implications of a share buyback on its ability to execute further lettings portfolio acquisitions, which will remain part of Foxtons Group’s strategy.

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