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KWE launches £100m buyback programme

28 September 2016 07:46

Kennedy Wilson Europe Real Estate has launched a share buyback programme.

The programme will involve the immediate launch of on-market purchases of ordinary shares in the xompany for a maximum aggregate purchase price of £100 million to be carried out on the London Stock Exchange.

President and chief executive Mary Ricks said: "The share buyback programme is part of our ongoing commitment to balance sheet management and capital efficiency, while leaving sufficient liquidity to capitalise on potential future market opportunities."

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