CPSE:ISSCommercial Services
Assessing ISS (CPSE:ISS) Valuation After New Share Buyback Programme Announcement
ISS share buyback puts capital return in focus
ISS (CPSE:ISS) recently announced a new share buyback programme aimed at returning excess cash to shareholders by reducing share capital and meeting obligations under its share based incentive schemes.
Management is executing the programme under Market Abuse Regulation and the Safe Harbour Regulation, with ISS now holding 13,125,562 treasury shares, equal to 7.53% of the company’s total share capital.
See our latest analysis for ISS.
The buyback...